Andrew GazdeckiSerial Entrepreneur Driving Startup Acquisitions

The Rising Trend of Developer Tools #startup #saas #software #vc

9 Apr 2024

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A look at why investors are betting big on developer tools and open source software. The speaker compares the strategy to selling picks and shovels during a gold rush: build the foundational layer that everyone else builds on top of.

And then we see a huge, like, we're very bullish on the trend of developer tools. The way that we think here at Polychrome is. And like the old age, old analogy is we think about, like, the best way to make money in a gold rush is to sell the picks and shovels. So what we mean by this is if software is eating the world, but we want to own the companies that make the forks and knives. And so, like, we really think developer tools, open source, bottoms up. We talk a lot about that in this new as trends in what's coming ahead.