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Atlassian Valued at $3.3 Billion

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11–20 of 169 posts

Re: Atlassian Valued at $3.3 Billion

#12

I'm not surprised. We use Crucible at work and everyone loves it. Atlassian makes some great prodcuts.

It does have some warts but is the best out there. I believe the code review market is very ripe for disruption (especially for software hosted publicly on sites like github).

Re: Atlassian Valued at $3.3 Billion

#13
First sentence in the article: "Atlassian, an Australian maker of online collaboration tools for businesses, is gunning for the same market as fast-growing startup Box Inc."

Saying that they're gunning for the same market seems a stretch to me. No one's going to say "I was thinking of buying Jira, but I just went with Box instead."

Leading off with drawing parallels between Atlassian and Box just strikes me as not helpful.

edit: grammars

Re: Atlassian Valued at $3.3 Billion

#14

This is a company that was founded in 2001. I still remember their CEO building his original audience on TheServerSide.com, back when Enterprise Java was the thing. They took 13 years to get to this point, a solid 8-9 years longer than most enterprise SaaS companies are expected to take (by VCs). And yet, not a single VC I've asked if they wish they were in Atlassian has said no. You can build huge companies on your…

Can you give examples of SaaS companies which did that in 4-5 years; I know you said 'by VCs', but i'm curious.

Re: Atlassian Valued at $3.3 Billion

#15
post #8

Really cool that you can reach that kind of valuation with a basket of products, rather than a single run-away network effect fueled win. I find it very inspirational that they do that well by building great software that people love. also: They really make awesome products (we use BitBucket, HipChat and Confluence)

Did they acquire HipChat or was that home grown?

Re: Atlassian Valued at $3.3 Billion

#16
post #8

Really cool that you can reach that kind of valuation with a basket of products, rather than a single run-away network effect fueled win. I find it very inspirational that they do that well by building great software that people love. also: They really make awesome products (we use BitBucket, HipChat and Confluence)

Did they acquire HipChat or was that home grown?

BitBucket and HipChat are fairly recently acquisitions, but fit perfectly in their portfolio. Some of their lesser-used products are also acquisitions.

Re: Atlassian Valued at $3.3 Billion

#17

I'm not surprised. We use Crucible at work and everyone loves it. Atlassian makes some great prodcuts.

It does have some warts but is the best out there. I believe the code review market is very ripe for disruption (especially for software hosted publicly on sites like github).

I have similar sentiment. Use a lot of Atlassian tools over the years and I am constantly bitching about various issues... eventually someone says "ok, find something else that's better"... and I can't. Not for lack of trying... there are lots of competitors... but they all are lacking.

Re: Atlassian Valued at $3.3 Billion

#18
post #8

Really cool that you can reach that kind of valuation with a basket of products, rather than a single run-away network effect fueled win. I find it very inspirational that they do that well by building great software that people love. also: They really make awesome products (we use BitBucket, HipChat and Confluence)

Did they acquire HipChat or was that home grown?

[deleted]

Re: Atlassian Valued at $3.3 Billion

#19
post #8

Really cool that you can reach that kind of valuation with a basket of products, rather than a single run-away network effect fueled win. I find it very inspirational that they do that well by building great software that people love. also: They really make awesome products (we use BitBucket, HipChat and Confluence)

Did they acquire HipChat or was that home grown?

They acquired hipchat.

Re: Atlassian Valued at $3.3 Billion

#20
post #13

First sentence in the article: "Atlassian, an Australian maker of online collaboration tools for businesses, is gunning for the same market as fast-growing startup Box Inc." Saying that they're gunning for the same market seems a stretch to me. No one's going to say "I was thinking of buying Jira, but I just went with Box instead." Leading off with drawing parallels between Atlassian and Box just strikes me as not he…

Perhaps they meant the stock market? I also thought "man, I guess I missed where Atlassian went into the cloud storage market" when I read the first paragraph.
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