Technical Debt: One of the startups main challenges
In the context of product development, technical debt is a term that refers to taking poor decisions to patch short-term problems, without looking at the future needs of the product. For example, imagine you build an app with a hosting architecture that only can handle a moderate amount of users and then the amount of users grows rapidly - you would need to evaluate other hosting options that maybe are auto-scalable, and see what are your migration options.?
Technical debt may happen to anyone, really - or we could say, depending of product needs, all of the projects have some sort of technical debt. But why are startups more prone to it? Because startups are more limited time and resources - at the beginning of your startup road, you’re going to look for early product validation, so instead of dedicating months to software development you may want something very simple that serves for your initial state (an MVP).?
So in what ways can we trigger technical debt? Here are some tips: Continuous Refactoring: Make refactoring a regular part of your development process. Set aside time in each sprint or development cycle to refactor code and pay off technical debt.?
Code Reviews: Implement a code review process where team members review each other's code before it gets merged into the main codebase.?
Documentation: Document code, architecture decisions, and development processes to ensure that knowledge is shared across the team.?
Scalable Architecture: Design your system with scalability in mind from the beginning. Choose technologies and architectures that can easily scale to accommodate future growth in user demand.?
Education and Training: Invest in the education and training of your development team to ensure they have the necessary skills and knowledge to make informed technical decisions.?
Collaborative Decision-Making: Foster a culture of collaboration and open communication within your team.?
I hope these tips help you managing technical debt!
News Bulletin
April 4, 2024
Pulpos, a startup focused on transitioning Mexican small and medium enterprises (SMEs) to the cloud, has closed a $4M seed funding round. Andreessen Horowitz, H20 Capital Innovation, Latitud, and Newtopia participated in the round.
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Retail-tech Mercado único raised $395K in pre-seed funding led by US accelerator TechStars, as the only Brazilian startup of this batch selected for the JP Morgan-backed program. Brazilian accelerator Strive and several angel investors also participated in the round.
April 3, 2024
NewInner AI, a Brazilian AI native productivity workspace for companies, raised a $2M pre-seed round led by Canary. LASP Capital, Play9, Alexia Ventures, Crivo Ventures, and Newtopia VC participated in the round.
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Founded in 2020, Lexter.ai has been transforming its business model since the rise of generative AI. Initially offering basic AI for interpreting texts and classifying terms in contracts, the startup served major clients like Demarest, BMA Advogados, Cescon Barrieu, TozziniFreire, and Lobo De Rizzo for due diligence in mergers and acquisitions.
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