How did they come up with 212 million valuation? Genuinely interested to know.
It was the point that Heroku agreed to sell at
Salesforce Buys Heroku (YC W08) For $212 Million In Cash
131–140 of 205 posts
Re: Salesforce Buys Heroku (YC W08) For $212 Million In Cash
#132I really hate it when people to give arbitrary numbers to things like 'Cloud 2'. It's still just cloud computing. 'Cloud 2' doesn't actually -mean- anything. It's not a standard. It's not like you can say something is or isn't Cloud 2 by any objective means. It's marketing speak, and who exactly is he marketing it to? All developers see right through it and know it doesn't mean anything. All clients only care that th…
"Cloud" itself is often misused to the point where it simply means "the Internet".
Re: Salesforce Buys Heroku (YC W08) For $212 Million In Cash
#133Earlier quoted context omitted.
I wonder how much its just Mark poking Larry with a stick. "So you bought Java, eh? Who cares? I don't need to rely on Java, I've got all the cool kids and their RoR apps!" (212M is an expensive stick though...)
RoR for dynamic HTML apps used to be the coolest thing but now the really new/cool stuff is written as a JSON server talking to AJAX and mobile clients. In this world node.js, clojure and erlang (maybe) are cooler than RoR.
Entertaining, as a lot of Heroku's infrastructure is built on Erlang.
Re: Salesforce Buys Heroku (YC W08) For $212 Million In Cash
#134I'm glad that the Heroku team will continue running the company with some degree of independence. They've done great things for the community, and have amazing vision for the product's trajectory. Congrats, guys!
Re: Salesforce Buys Heroku (YC W08) For $212 Million In Cash
#135wow. this is surprising. they are RoR honchos.
Re: Salesforce Buys Heroku (YC W08) For $212 Million In Cash
#136This should put a hop in the step of all those Heroku-for-Django startups.
Djangy has 600+ registered beta users, and we're inviting more all the time. Check us out!
Re: Salesforce Buys Heroku (YC W08) For $212 Million In Cash
#137Earlier quoted context omitted.
Nothing last forever. Eventually all the "startups that you love" will either close their door or be acquired and I think people should expect that since day 1.
Why are these the only 2 outcomes? Why not grow a business?
I think we all accept that another outcome can happen.
But the likelihood of independent growth for a platform of any type is incredibly low. For each Google how many Herokus and Friendfeeds are there?
The driving force behind very few independent companies is a lack of an IPO market. Without a payoff for VCs you have to grow organically through customer funding or sell to a big acquirer, or in rare cases pay off investors with debt.
Re: Salesforce Buys Heroku (YC W08) For $212 Million In Cash
#138This sounds like stellar news for Heroku employees and investors. I'm not sure how it's going to be good for Heroku customers (like me) in the long-term. There will be the inevitable brain drain over the course of 1-2years when key staff move away as their contract clauses run out and then we'll be left with Heroku being run by SalesForce :(
I'm actually really excited about it as a customer. Heroku's solution is outstanding, but it was clear that they were having trouble scaling up customer support; this acquisition makes it more likely that they'll have the support staff needed to serve their customer base.
Big congrats to them!
Re: Salesforce Buys Heroku (YC W08) For $212 Million In Cash
#139Very very good news for Heroku employees and investors. I also hope that Amazon will start bidding war.
However, knowing Salesforce (and fact that they have many very very big enemies in this business) I'm concern about future of Heroku offering in the current form. As far as I know, Salesforce is not a hacker company - they remind me a little of Yahoo! (product managers are running the show). And, don't get me wrong, in this case, not being a "hacker company" is a good thing. But, I assume that Heroku will be transformed to be much profitable and target bigger margin businesses.
Re: Salesforce Buys Heroku (YC W08) For $212 Million In Cash
#140This sounds like stellar news for Heroku employees and investors. I'm not sure how it's going to be good for Heroku customers (like me) in the long-term. There will be the inevitable brain drain over the course of 1-2years when key staff move away as their contract clauses run out and then we'll be left with Heroku being run by SalesForce :(
I'm actually really excited about it as a customer. Heroku's solution is outstanding, but it was clear that they were having trouble scaling up customer support; this acquisition makes it more likely that they'll have the support staff needed to serve their customer base. Big congrats to them!
The support staff of a big company? Not really looking forward to that.