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Bending Spoons buying Miro for $1.355B

investors.bendingspoons.com

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Re: Bending Spoons buying Miro for $1.355B

#81

Tried 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…

Miro is a great tool - it's not a $20B company, but it's a great utility.

Yeah I saw that. Ouch.

Valuation dropped from $18b to $1b

Surprised to see they are profitable though.

Re: Bending Spoons buying Miro for $1.355B

#82
post #56

If 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.

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