Actually it is one of the best file explorers out there, I'm sure they will take in on the right track.
Nautilus to be acquired by an investor group of fans
11–20 of 63 posts
Re: Nautilus to be acquired by an investor group of fans
#12"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.
"fast-growing science brand poised for growth", "the literary science magazine with more than 10 thousand monthly paying subscribers and an online reach of more than 10 million"
Between the marketing numbers and the weird detached third-person references to Nautilus, this is written like a marketing pitch, not an acquisition announcement. It's very weird
Re: Nautilus to be acquired by an investor group of fans
#13Earlier quoted context omitted.
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.
Wow, that's fascinating -- I don't know too much about sports team acquisitions but it's pretty cool if that's how they work. If this is something you know more about, would you mind going into more detail about how that works?
Re: Nautilus to be acquired by an investor group of fans
#14This makes me happy. I Enjiy reading both Nautilus and Quanta. Great articles.
Re: Nautilus to be acquired by an investor group of fans
#15"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.
"fast-growing science brand poised for growth", "the literary science magazine with more than 10 thousand monthly paying subscribers and an online reach of more than 10 million" Between the marketing numbers and the weird detached third-person references to Nautilus, this is written like a marketing pitch, not an acquisition announcement. It's very weird
It's a marketing pitch for the next exit!
Re: Nautilus to be acquired by an investor group of fans
#16So 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.
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Re: Nautilus to be acquired by an investor group of fans
#17Am I reading this correctly? It sounds like a group of angel investors. Not "superfans."
The two terms are not mutually exclusive.
Re: Nautilus to be acquired by an investor group of fans
#18This 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 cu…
Yep, that's a serious Aperture Labs vibe there. Or maybe (even worse) Faro Automated Solutions. Very techno-utopian, as though things like ethics and unintended consequences don't exist. Scary.
Re: Nautilus to be acquired by an investor group of fans
#19Am I reading this correctly? It sounds like a group of angel investors. Not "superfans."
The investors probably don't see or expect any real RoI. It's Nautil.us -- there is no real money to be made from that site.
Re: Nautilus to be acquired by an investor group of fans
#20So 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.
> 'the athletic' and its clones
None of which have actually taken off their runway as far as I know.