The Changelog: Software Development, Open Source The Moneyball approach (Interview)
Oct 10, 2024
John Nunemaker, founder of Very Good Software and experienced in scaling Rails applications, discusses his novel approach to acquiring Rails-based SaaS apps, particularly the recent purchase of Fireside. He shares insights on cash flow, customer retention, and the complexities of the SaaS landscape. The conversation also touches on navigating transitions post-acquisition, the evolution of podcast hosting, and the strategic importance of structured data in software development. John's unique perspective on sustainability in tech and competition in podcasting adds depth to the dialogue.
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Acquisition of a Lifetime
- John Nunemaker's Speaker Deck acquisition by GitHub provided him with a financial cushion.
- This acquisition, along with his experience at GitHub, laid the foundation for his current venture, Very Good Software.
Cushion vs. Flow
- John Nunemaker believes in balancing cash flow and cushion.
- He views having multiple income streams as a way to mitigate risk.
Fireside Acquisition
- Dan Benjamin, looking for a suitable successor for Fireside, approached John Nunemaker through Garrett Diamond.
- This led to the acquisition of Fireside by Very Good Software.