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Atlassian Valued at $3.3 Billion

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Re: Atlassian Valued at $3.3 Billion

#61
post #36

Earlier quoted context omitted.

> 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.

I love redmine, it's been really good and 0 upkeep for my company for a couple of years now.

Re: Atlassian Valued at $3.3 Billion

#62

Earlier quoted context omitted.

Don't want to be that guy but 4-5 years for enterprise startups "to get to this point" which I'm assuming is either that market cap size or IPO is ambitious - Enterprise startups tend to take a while to get that flywheel spinning. The fact that Salesforce did it in 5 years (Founded: 1999, IPO: 2004) means that they are more the anomalie than the others. For example here's a list of Enterprise companies which have tak…

Yes, this was my point. The story you're sold when speaking with VCs is that if you're not at some astronomical valuation within a few years, you're not growing fast enough. A look at how things actually play out reveals a different story altogether.

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Re: Atlassian Valued at $3.3 Billion

#63
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.

agree with your reasoning. (though you probably should edit "randomly" part; those choices were handpicked, not randomly)

Re: Atlassian Valued at $3.3 Billion

#64
post #35
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.

It's not just network effects. Purchase of Snapchat at $21 billion, or Bebo at $870 million, had a lot to do with attempted strategic positioning and/or edging out competitors who were eyeing acquisition. Doesn't always mean the acq will perform to price.

Re: Atlassian Valued at $3.3 Billion

#65
post #45

Earlier quoted context omitted.

ironically the product of theirs I like the most (Sourcetree) is free. I've heard mixed reviews on JIRA, and Confluence is useful but we certainly have gripes about it (seriously, no symbolic links?!)

Sourcetree is by far the best Git GUI I've ever seen.

Did you try Tower? That's a paid app though.

Re: Atlassian Valued at $3.3 Billion

#68

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?

Isn't JIRA already using some Apache Ofbiz (pretty fullish ERP + e-commerce platform) components? That would be going pretty much full circle.

Re: Atlassian Valued at $3.3 Billion

#69

Earlier quoted context omitted.

>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.

This is not meant to sound challenging, I have used and, both loved and loathed, some JIRA setups. A lot of it might be implementation. But as for the question, again not challenging, just curious: What do you suggest as empowering, out-of-the-way, issue tracking software?

I've really liked fogbugz.

Re: Atlassian Valued at $3.3 Billion

#70
post #45

Earlier quoted context omitted.

ironically the product of theirs I like the most (Sourcetree) is free. I've heard mixed reviews on JIRA, and Confluence is useful but we certainly have gripes about it (seriously, no symbolic links?!)

Sourcetree is by far the best Git GUI I've ever seen.

This. My favorites are the (un)staging by hunks/lines and 'use rebase instead of merge ...' option.
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