Atlassian Valued at $3.3 Billion • Hacker News Board

Re: Atlassian Valued at $3.3 Billion

#31

Post by sz4kerto » Tue, Apr 08, 2014, 6:52 PM UTC

Elof wrote: post #23

That's only 3.3 Instagram's, one Snapchat, or .21 WhatsApp's. Solid proof consumer tech is always more profitable then enterprise tech.

No, you're wrong in two points: - they have higher profits than Snapchat or Whatsapp - you have chosen 1 enterprise tech and 3 consumer tech company randomly, and based on that, you claim that consumer tech is more profitable than enterprise tech.

Well, I say Microsoft makes more profit out of enterprise then Facebook makes out of consumer. Does this prove anything? Not at all.

Re: Atlassian Valued at $3.3 Billion

#32

Post by stephengillie » Tue, Apr 08, 2014, 6:54 PM UTC

We've had a rough, shaky time using Jira, but it's almost entirely due to internal politics and constantly-shifting business priorities. (aka CEOs and owners who are just megaphones for their corporate customers) We intended to replace our invented-here ticketing system (which has Zendesk integration) with Jira, but instead we integrated Jira into that invented-here ticket system.

On the other side, my team has been bit by a bug from 2008 which prevents us from changing any ticket's state to Resolved. We can Resolve tickets, but their Resolution remains Unresolved. Since the Resolved state is central to most of Jira's built-in features, this means Jira has been broken for me since we installed it 6 months ago. The Your Issues default display shows all my tickets, including my closed tickets. The interface is not customizable enough to build workarounds for this problem.

Also, the name (bastardizing the Japanese pronunciation of Godzilla) always feels somewhat racist to me.

Re: Atlassian Valued at $3.3 Billion

#33

Post by hyp0 » Tue, Apr 08, 2014, 6:54 PM UTC

oblig. BitBucket has free private repo's https://www.atlassian.com/software/bitbucket/overview

you don't get to 3 billion dollars without giving away a lot of stuff for free to infiltrate the enterprise

Re: Atlassian Valued at $3.3 Billion

#34

Post by Karunamon » Tue, Apr 08, 2014, 6:54 PM UTC

lobotryas wrote: post #28

malanj wrote: 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)

>great software that people love As someone who has to use and administer JIRA I'll have to respectfully disagree. The nicest thing I can say about the product is that it was built "by engineers, for engineers". People who want empowering software that gets out of the way appear to have been an afterthought.

As someone who also uses and administers JIRA i'll have to respectfully disagree with that disagreement ;)

The backend application may very well be engineer-focused, but that speaks more to its flexibility than anything, IMO - as far as user experience, it's as empowering and minimalistic as you make it.

One of the few pieces of software I truly love.

Re: Atlassian Valued at $3.3 Billion

#35

Post by Guvante » Tue, Apr 08, 2014, 6:56 PM UTC

Elof wrote: post #23

That's only 3.3 Instagram's, one Snapchat, or .21 WhatsApp's. Solid proof consumer tech is always more profitable then enterprise tech.

It is hard to compare companies that are bought out, since they are valued higher due to the network affects with their new parent company.

i.e. if Instagram had a valuation of $800 million the $1 billion purchase price could make sense if Facebook believes their combination could produce the difference in price.

Re: Atlassian Valued at $3.3 Billion

#36

Post by eropple » Tue, Apr 08, 2014, 6:58 PM UTC

raverbashing wrote: post #6

polskibus wrote: post #3

They do seem to be the best in a very competitive market. There are loads of either commercial or open source issue trackers, wikis, combinations of both, etc. etc. How will they grow past that ? Acqusitions? Writing custom JIRA plugins that will make it more like an ERP ? Ideas?

> There are loads of either commercial or open source issue trackers, wikis, combinations of both, etc. etc Yes, and they all suck. They go from a pain to use (Bugzilla) to a huge mountain of useless and worthless crap with a obscene price tag (Rational tools) It seems to me they are in the right path

> Yes, and they all suck.

Redmine ain't bad.

Re: Atlassian Valued at $3.3 Billion

#37

Post by dorkrawk » Tue, Apr 08, 2014, 7:03 PM UTC

dangoor wrote: 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…

I saw that as perhaps a way to compare Atlassian (mainly BitBucket) to Github

Atlassian is to Github as Box is to Dropbox ?

Re: Atlassian Valued at $3.3 Billion

#38

Post by lhnguyen09 » Tue, Apr 08, 2014, 7:03 PM UTC

stephengillie wrote: post #32

We've had a rough, shaky time using Jira, but it's almost entirely due to internal politics and constantly-shifting business priorities. (aka CEOs and owners who are just megaphones for their corporate customers) We intended to replace our invented-here ticketing system (which has Zendesk integration) with Jira, but instead we integrated Jira into that invented-here ticket system. On the other side, my team has been…

The Japanese pronunciation of Godzilla is "gojira". How is that a bastardization?

Re: Atlassian Valued at $3.3 Billion

#39

Post by nraynaud » Tue, Apr 08, 2014, 7:05 PM UTC

What would be the exit for the VCs? they could have kept it private without the VCs, but I don't think VCs line up for dividends at the end of the years. That forces them to create an exit event for a company that seems in a nice path.

Re: Atlassian Valued at $3.3 Billion

#40

Post by eponeponepon » Tue, Apr 08, 2014, 7:07 PM UTC

stephengillie wrote: post #32

We've had a rough, shaky time using Jira, but it's almost entirely due to internal politics and constantly-shifting business priorities. (aka CEOs and owners who are just megaphones for their corporate customers) We intended to replace our invented-here ticketing system (which has Zendesk integration) with Jira, but instead we integrated Jira into that invented-here ticket system. On the other side, my team has been…

edit: yeah, you know what? I totally misread your post, never mind. Sorry for impugning your knowledge! :)