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Atlassian Acquires Loom

atlassian.com

51–60 of 408 posts

Re: Atlassian Acquires Loom

#51
post #42

Can 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?

I think both tools could use some serious UX love. The processes folks introduce around them - that's a different topic obviously. You can enforce atrocious processes with Trello or ClickUp but I find these much less bad.

Re: Atlassian Acquires Loom

#52
post #41

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?

Probably much much lower. If this was 2020 or 2021, perhaps, but multiples haven't even in that high in the public market for high growth companies for the past few years

Re: Atlassian Acquires Loom

#54
post #4

Who is asking for this? As Atlassian consolidates Loom into its platform, engineers will soon be able to visually log issues in Jira, leaders will use videos to connect with employees at scale, sales teams will send tailored video updates to clients, and HR teams will onboard new employees with personalized welcome videos

And yet they still haven’t implemented CD burning. >:-(

Re: Atlassian Acquires Loom

#56

$1.5B for a screen recorder

And the infrastructure around storing and distributing those videos.

Along with existing integrations into other enterprise software (like confluence, jira, and zoom)

The compliance work for storing and distributing this data is already done.

The staff of experts that don’t need to be sourced by recruiters.

The new ability to prevent sites like Monday from integrating with it.

Not to mention the existing loom customers.

Reducing an entire company down to the simplest form of their product and comparing that to the price of the company is kind of dumb.

Re: Atlassian Acquires Loom

#57
post #4

Who is asking for this? As Atlassian consolidates Loom into its platform, engineers will soon be able to visually log issues in Jira, leaders will use videos to connect with employees at scale, sales teams will send tailored video updates to clients, and HR teams will onboard new employees with personalized welcome videos

Managers and leadership.

Those are Atlssian’s customers.

Re: Atlassian Acquires Loom

#59
Oh great, that’s what Jira and Confluence needed in order to make them more sluggish, less responsive and more user unfriendly… a video messaging platform integration. Good grief, who thinks of these things :-(

With 1 billion and a team of software developers, I would put Jira and Confluence back on the right road, not acquire a video company ;-)

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