Nautilus to be acquired by an investor group of fans
1–10 of 63 posts
Re: Nautilus to be acquired by an investor group of fans
#2"Group of fans" is a weird way to describe serial entrepreneurs and angel investors. I'm sure they like the product. There's only one person on that list without a background in finance/investing, who happens to be the spouse of another person on the list.
Congrats on the exit, I just think it's odd to describe the acquiring party that way.
Re: Nautilus to be acquired by an investor group of fans
#3So it becomes a business, which will focus on generating profit from the magazine, thus Nautilus will become yet another bog standard science magazine subjected to the same structures as other magazines.
And we all know that consumers don't fork enough money to support ads-free journalism, which leads to perverse incentives.
Re: Nautilus to be acquired by an investor group of fans
#4"Group of fans" is a weird way to describe serial entrepreneurs and angel investors. I'm sure they like the product. There's only one person on that list without a background in finance/investing, who happens to be the spouse of another person on the list. Congrats on the exit, I just think it's odd to describe the acquiring party that way.
Is it? While "syndicate" might have been a more succinct and accurate way of describing that group, it is a little bit uncommon. From most instances I can recall, acquisitions tend to be by a single corporate entity or a private equity fund of some kind. Unless such an entity existed prior to this acquisition, it does seem a bit out of the ordinary.
Re: Nautilus to be acquired by an investor group of fans
#5"Group of fans" is a weird way to describe serial entrepreneurs and angel investors. I'm sure they like the product. There's only one person on that list without a background in finance/investing, who happens to be the spouse of another person on the list. Congrats on the exit, I just think it's odd to describe the acquiring party that way.
To be sure, it's their wording.
Re: Nautilus to be acquired by an investor group of fans
#6So it becomes a business, which will focus on generating profit from the magazine, thus Nautilus will become yet another bog standard science magazine subjected to the same structures as other magazines. And we all know that consumers don't fork enough money to support ads-free journalism, which leads to perverse incentives.
> hus Nautilus will become yet another bog standard science magazine ~subjected to the same structures as other magazines~ that will hopefully pay its contributors now!
https://undark.org/2017/12/13/freelance-writers-nautilus-pay...
Re: Nautilus to be acquired by an investor group of fans
#7Am I reading this correctly? It sounds like a group of angel investors. Not "superfans."
Re: Nautilus to be acquired by an investor group of fans
#8"Group of fans" is a weird way to describe serial entrepreneurs and angel investors. I'm sure they like the product. There's only one person on that list without a background in finance/investing, who happens to be the spouse of another person on the list. Congrats on the exit, I just think it's odd to describe the acquiring party that way.
Is it? While "syndicate" might have been a more succinct and accurate way of describing that group, it is a little bit uncommon. From most instances I can recall, acquisitions tend to be by a single corporate entity or a private equity fund of some kind. Unless such an entity existed prior to this acquisition, it does seem a bit out of the ordinary.
I think ownership groups aren't uncommon in the small business world (as in not-startups, like family businesses). Totally different world but that's how sports teams' acquisitions are handled these days.
Re: Nautilus to be acquired by an investor group of fans
#9This is the second time I see a link on HN, mentioning Hypergiant industries.
Their website [0] and their algae bioreactor page [1] is so over the top that it looks fake. I assume this is real company selling real solutions (consulting) but this is puzzling nonetheless.
Look at the case study, "ROD LIFT INVENTORY SYSTEM" [2], they replaced a few excel sheets by an application with a database, this is great for the customer, but not earth shattering either.
[0] https://www.hypergiant.com/ [1] https://www.hypergiant.com/green/ [2] https://www.hypergiant.com/client/rod-lift-inventory-system-...
Re: Nautilus to be acquired by an investor group of fans
#10So it becomes a business, which will focus on generating profit from the magazine, thus Nautilus will become yet another bog standard science magazine subjected to the same structures as other magazines. And we all know that consumers don't fork enough money to support ads-free journalism, which leads to perverse incentives.
> And we all know that consumers don't fork enough money to support ads-free journalism, which leads to perverse incentives.
yes they do. susbcription-based models are doing quite well. besides the big heavyweights, in UK alone there are several smaller and successful subscription-based magazines: the TLS, the economist, the spectator etc. in us sports there's 'the athletic' and its clones.