What do you folks think Loom's revenue was in the recent years? I'm curious what the ARR multiple would be in this deal. 20X? 40X?
Atlassian Acquires Loom
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Re: Atlassian Acquires Loom
#42Can they acquire Asana and merge it with Jira so that I can dislike one project management tool instead of two?
Do you dislike the tools or dislike the process that gets created around the tools?
Re: Atlassian Acquires Loom
#43Re: Atlassian Acquires Loom
#44$1.5B for a screen recorder
Let me guess, you could build it in a weekend? It's obviously more than about the video recording tech. Compliance, team permissions, sales, enterprise contracts and making it work on all devices are not trival.
Re: Atlassian Acquires Loom
#45Earlier quoted context omitted.
Also loom does not work at all offline, even the video recording…
I suspect this will become a more-and-more common occurance as deep fake videos become more ubiquitous. There will have to be some mechanism to validate the origin of the video is truly from the content creator. If the video was created offline and uploaded after the fact, who knows if it's generated audio super-imposed over a deep fake?
In that case it's possible to generate a deepfake offline, then open the video in a player and record that. I doubt online-ness by itself will do anything if it's still just a video signal leaving the machine.
Re: Atlassian Acquires Loom
#46975M for what the company does seems awfully high imo. But nice exit all things considered for the Loom folks and their investors.
companies are generally valued based on their revenue and user base rather than their product
it is true that $975M is too high a price for a screen recorder when they could have bought a licence to Cleanshot for $19
Re: Atlassian Acquires Loom
#47From loom.com > Loom works wherever you do. > Get Loom for Free > For Mac, Windows, iOS, and Android Looks like Loom does not work wherever I do.
All of our backend devs (including myself) are on Linux (and use Firefox) so Loom was a nonstarter for us.
It's always a blast when technology and marketing collide.
Re: Atlassian Acquires Loom
#48C'mon Atlassian, have the decency to throw another 25M their way...
Re: Atlassian Acquires Loom
#49Re: Atlassian Acquires Loom
#50$1.5B for a screen recorder
Reminds me of the infamous dropbox comment :)
Even after more than a decade, I still don't see what the "infamous dropbox comment" fundamentally gets wrong.
1. Why would I want to host my sensitive data on someone else's servers instead of my own servers and storage hardware?
2. Why shouldn't someone have a physical media backup for time-urgent, sensitive files? Last I was in school, if I had a final presentation, I would absolutely store it both on a hypothetical cloud storage volume and a backup on a thumb drive. If I were still in school today I'd do the same thing. Would you really risk your final course grade on the possibility that Dropbox is down when you are up to present? And nevermind the arbitrary and random account suspensions that all SaaS providers are infamous for (looking at you, Google).