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Atlassian Acquires Loom

atlassian.com

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Re: Atlassian Acquires Loom

#171

Post by baq »

segasuperstar wrote: post #129
habosa wrote: post #122

Loom is probably the simplest billion-dollar piece of software, but it's also excellent software and I am happy they're getting paid. Screen recording before Loom was a pain. You had to open up some program, start it, save the file, upload the file somewhere, and share it. And if you had to edit the recording at all ... probably start over. With Loom it's all one click and it's ready to share the instant you hit the…

My immediate reaction was that value-wise it was a joke, how can they be worth $1 billion? I agree with what you're saying here though, one click, ACL controlled and simple to use videos. Concur with the enablement of the remote culture. I would have thought Atlassian could clone that so simply. The Loom software is super buggy though, I have to open their site or extension or desktop app multiple times before it sta…

People pay for it. It’s probably something like 30x revenue or whatever growth valuation but still the point stands: it’s good enough to have quite a few paying customers.

Re: Atlassian Acquires Loom

#172

Post by latchkey »

zoogeny wrote: post #147

I applied to Loom several years ago while they were still tiny. The CEO sent me a Loom thanking me for applying and asking me to send him back a Loom describing why I was excited to work for his company. Something about that rubbed me the wrong way at the time. I didn't reply and dipped out of the interview process.

Wow, what a great filter the CEO came up with. If someone doesn't want to use the product, they probably won't make a good fit to work there.

Re: Atlassian Acquires Loom

#174

Post by baq »

Spivak wrote: post #159
habosa wrote: post #122

Loom is probably the simplest billion-dollar piece of software, but it's also excellent software and I am happy they're getting paid. Screen recording before Loom was a pain. You had to open up some program, start it, save the file, upload the file somewhere, and share it. And if you had to edit the recording at all ... probably start over. With Loom it's all one click and it's ready to share the instant you hit the…

How does it compete with macOS screenshot in recording mode? Because that sounds basically the same flow just drag/dropping the output file into Slack.

Click button, record video, paste link into slack/github vs click button, record video, figure out what to do with the useless huge file; also annotations and whatever ai they managed to put in there to summarize the transcript

Re: Atlassian Acquires Loom

#176

Post by solardev »

mikeyouse wrote: post #162
solardev wrote: post #150

Earlier quoted context omitted.

Most people I know just went with their cloud provider's sync solution once everyone added one (GDrive, iCloud, Amazon photos, OneDrive, Creative Cloud, etc.) Can't remember the last time I saw a USB key in use anymore. The cloud stuff is convenient, but it quickly became a commoditu Dropbox is still better in some small ways (like delta syncs) but it wasn't enough I guess.

It's amusing to see "but it wasn't enough I guess" in relation to a profitable $10 billion company with 3,000 employees. That's a pretty good outcome!

True! It's still a useful product, but the pressure to keep getting huge-r is always there I guess. I knew someone who worked there and they seemed pretty desperate for new initiatives (like the failed Paper). Most of their competitors have online storage as part of their product portfolio. I don't know of anything else major that Dropbox does...

Re: Atlassian Acquires Loom

#177

Post by doctorpangloss »

edgyquant wrote: post #104
heisgone wrote: post #87

This make perfect sense. Atlassian is cornering the market of "features nobody ask for but make for good sales pitch to clueless managers".

In what world is loom something no one asked for? I, and my team, use it everyday and have at my past two jobs as well. For engineers it’s a life saver being able to share a quick video of some code and the bug youre getting (or asking what some piece of code does) and also forcing junior engineers to do this for a PR guarantees the feature works/is a form of QA.

I understand that stuff like Loom exists and people use it. But people are saying it makes no sense, not that it doesn't happen.

> also forcing junior engineers to do this for a PR guarantees the feature works/is a form of QA... life saver being able to share a quick video of some code and the bug youre getting

Developers who don't know if what they write works or who can't express a bug in words... they're in trouble. You don't need experience for that. Non-developers / non-pros doing QA is symptomatic of greater problems.

> life saver being able to share a quick video

Who is supposed to be watching these videos? In your honest, no-BS assessment, when you're staring at these Zooms you might be doing professionally with like 9 people and only 1 of them is an engineer, and he's offshore: like isn't that the problem?

Re: Atlassian Acquires Loom

#178

Post by faramarz »

conqrr wrote: post #166

At some point, companies become big enough that innovation is a risk (Innovater's dilemma). Atlassian is likely at this stage. Ofcourse, loom's tech is nothing impressive, one could argue that only a small segment of enterprise Loom customers would be willing to convert to Atlassian ecosystem. Nonetheless, the show must go on and Atlassian has to choose action instead of inaction to please the stock market. Good exit…

I think it's more likely that Atlassian gives it away for free to its client base .. groups like Linear are coming after them and tools like Loom make a material difference in getting quality work out the door. we use it for outward facing and training material, but the royal honey is when you can async-align on product initiatives down to the pixel. Video is a powerful story telling tool in today's remote world.

Figma on the other hand will have to sway towards Atlassian territory to add value to the tech bit of the pipeline. the dev mode has made it clear they are headed that way, on their own terms.

I just wish that more founders prioritize enterprise customers and clear the way to onboard by investing in compliance (SOC-2) reporting early! it's a total showstopper and that's unfortunate for all sides.

Re: Atlassian Acquires Loom

#180

Post by cco »

swivelmaster wrote: post #109
eptcyka wrote: post #106

Earlier quoted context omitted.

Coming from a deep, shameful corner of ignorance, but what's special about recording a screen and sharing it via the comms tool of choice (IM, Slack, Signal, e-mail)? I do love the idea of sharing a screen recording of features though.

It’s well-executed and convenient. That’s worth a lot.

It always destroys my laptop, MacBook Pro i5 from 2020. Desktop app, chrome extension, whatever, it absolutely chews up my CPU.
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