Val Town winds down as investor Daniel Levine reflects on backing founders

mitsuhiko · x · 2026-11-11

Developer platform Val Town announced it is winding down. The team thanked users for building on the platform and is now focused on helping customers migrate to other hosting providers.

Investor Daniel Levine wrote a longer reflection: he admits he can never deterministically know which startups will deliver unbelievable returns, so he resolved to work deeply with founders he loves — helping on weekdays and weekends, personal and professional matters alike — trusting aggregate returns will take care of themselves. He praised founder Steve Krouse as "a real one" and hopes to continue the journey for decades.

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