In 7 years Vercel raised $313 million and is valued over $2.5 billion (round of November 2021). And they seem to have +400 employees[0] and are still recruiting more[1].
So I guess my question is, how can an open-source framework (Next.js) and a thin layer over AWS and CloudFlare be this massive? Am I missing something?
[0] https://www.forbes.com/companies/vercel
[1] https://vercel.com/careers
👤 obelixsix Accepted Answer ✓
It’s a great platform but the total lack of revenue transparency indeed makes you wonder what is driving the valuation…