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> For a small company, this is an enormous waste of time, money, and energy.

I think you have this backwards. A small company that writes a compiler and loses a few weeks of dev time per year survives for a decade, while spinning up various new products.

In another world, a small company rewrites its only source of revenue. 18 months later, they release the rewrite with zero new features and a chunk of new bugs and promptly die, because who's going to buy a product that spends a year and a half going backwards?



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