Y Combinator, an accomplished investment fund, and startup incubator has published a list of its top 100 graduate companies ranked by valuation as of October 2019. 8 out of the 10 most valued companies in the ranking were built using Ruby on Rails.
Vendo marketplace platform frees you from the burden of self-hosting and maintenance. Contact us now for a demo and launch an eCommerce platform at a fraction of a typical cost and within weeks instead of months.
Among the top 10 companies on the list such as Stripe, Airbnb, Dropbox, 8 use Ruby on Rails as their backend framework. In the top 10 only 2 non-software companies opted for another framework. Only one is based outside San Francisco. React is the most popular Javascript framework among those top companies by far. Hacker News commenters agree that Ruby on Rails is great for MVP development, quick iterations and scaling.
| # | Name | URL | Backend | JS Framework | Sector | Jobs created | YC batch | HQ |
| 1 | Stripe | stripe.com | Ruby on Rails | Financial Technology and Services | 2000 | S09 | San Francisco, CA | |
| 2 | Airbnb | airbnb.com | Ruby on Rails | React | Consumer Goods and Services | 6000 | W09 | San Francisco, CA |
| 3 | Cruise | getcruise.com | Go, node.js, Python, Scala, Java, C++ | Gatsby 2.3.5, React, TweenMax 2.1.2 | Automotive | 1500 | W14 | San Francisco, CA |
| 4 | DoorDash | doordash.com | Ruby on Rails | Consumer Goods and Services | 1800 | S13 | San Francisco, CA | |
| 5 | Coinbase | coinbase.com | Ruby on Rails | React 5 | Financial Technology and Services | 1000 | S12 | San Francisco, CA |
| 6 | Instacart | instacart.com | Ruby on Rails | React | Consumer Goods and Services | 1100 | S12 | San Francisco, CA |
| 7 | Dropbox | dropbox.com | Ruby on Rails | React 16.11.0 | B2B Software and Services | 2300 | S07 | San Francisco, CA |
| 8 | Ginkgo Bioworks | ginkgobioworks.com | PHP | – | Biotech | 270 | S14 | Boston, MA |
| 9 | Gusto | gusto.com | Ruby on Rails | React 16.12.0 | B2B Software and Services | 1000 | W12 | San Francisco, CA and Denver, CO |
| 10 | Flexport | flexport.com | Ruby on Rails | React 16.12.0 | B2B Software and Services | 1700 | W14 | San Francisco, CA |
Some of the comments on Hacker News, the social media arm of Y Combinator, were:
- “Rails seem like a superior environment for quickly prototyping and launching web applications, and it’s entirely possible nothing has supplanted it. My comment about future unicorns is mainly that Python might be dominant in AI or biotech focused startups, C# might be dominant in AR/VR startups, and more web applications are SPAs built mostly or entirely in JavaScript, so Ruby might have had its day [in web development] as people are building early tech in new fields.”
- “That’s rubbish. Why should python excel here in biotech-related aspects but Ruby not? Note: I am a molecular biologist by trade who went into using Ruby primarily. I also use Python a lot.”
- “Having worked at a few of the top ones, many of them are now investing huge $$$ to rearchitect their tech platform to Java and services. I understand that Ruby allowed them to grow fast, but I am wondering if starting with Java to begin with would have allowed them to avoid massive investment to address tech debt at the expense of growth and profitability at a late stage.”
- “Most likely, starting with Java would have led to delivering an MVP and iterating too slowly to result in a viable business.”
- “More technical debt comes from growing quickly (engineers, turnover, employees) and changing business assumptions, not the programming language.”
- “You only get to have the problem of rearchitecting for scale if you’re successful. You can’t worry about that too much when you’re still trying to find product/market fit.”
- “Now that Shopify, Github is (or going to be) taking a more hands-on approach in Rails development rather than Basecamp… which other web frameworks have this luxury of billion-dollar companies doing development and live testing for it?”
- “People went with Ruby and Rails probably because it’s a lot of fun to finish your work. I know that I really enjoy finishing my work.”
Source: https://www.ycombinator.com/topcompanies
Vendo marketplace platform frees you from the burden of self-hosting and maintenance. Contact us now for a demo and launch an eCommerce platform at a fraction of a typical cost and within weeks instead of months.