Didn't know Uri Geller was an investor now.
It's a mere imitation but they do deform the target using their own mentality so there is that.
Bending Spoons buying Miro for $1.355B
51–60 of 79 posts
Re: Bending Spoons buying Miro for $1.355B
#52Didn't know Uri Geller was an investor now.
Don't do it Fedon!
Re: Bending Spoons buying Miro for $1.355B
#53Re: Bending Spoons buying Miro for $1.355B
#54Tried Miro once. Wasn’t a whiteboard replacement. Wasn’t design software. Wasn’t a PM tool. Even when the Miro power users would bust it out in meetings, it was always so painful to watch. I don’t know what the point of Miro really was. There was a time Figma was doing something similar (FigJam), so maybe there was a trend for a sec. No idea why or how it’s worth over a billion dollars. Anyone reading this going “Noo…
My best experience was a large meeting I had recently, in a well equipped conference room with actual whiteboards and stacks of post-it notes and the Power Miro User in the room insisted we all bring laptops and work on the boards online. Jesus Christ.
That's the advantage of being in office I guess
Re: Bending Spoons buying Miro for $1.355B
#55Re: Bending Spoons buying Miro for $1.355B
#56If you’re using it, you should plan to migrate off ASAP. I’ve been a long time user of Harvest, and after Bending Spoons acquired it, they increased our pricing by 800%.
My Harvest renewal was going to be a 1,400% increase. I just cancelled the service yesterday after 20 years. While I was clicking through the "Yes, I am sure" buttons, it got down to a mere 300% increase. I wouldn't pay that purely on principle.
I'll sort of miss Harvest, but I'm acclimating myself to the idea of just writing my own timesheet software.
Re: Bending Spoons buying Miro for $1.355B
#57Earlier quoted context omitted.
What’s great about it? I shudder every time some product manager sends out a miro link. People should try Kinopio.
It's a best-in-class real time collaboration board. It's also a decent general purpose diagramming tool, but if you're using it for creating software architecture diagrams or product flows, there are better tools for that.
Whimsical is my favourite tool for that.
Re: Bending Spoons buying Miro for $1.355B
#58Earlier quoted context omitted.
So they really are like the Private Equity of the software world.
More like following the Computer Associates model, a tale as old as time. Find a mature platform with a captive user population with a fat, lazy management team, buy them out, slash headcount, and open the taps. Someone in the thread mentioned Atlassian, that is a perfect target for this kind of strategy.
Atlassian is too large. Also atlassian has been doing the same growing by acquisition for a long while themselves.
Re: Bending Spoons buying Miro for $1.355B
#59Is Bending Spoons the PE for startups?
Re: Bending Spoons buying Miro for $1.355B
#60Is Bending Spoons the PE for startups?
Yes. Buying companies at their actual value and then optimising the and extracting value they can. Considering lot of these startups and how they have acted I don't even consider them anyway evil.