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Atlassian Valued at $3.3 Billion

blogs.wsj.com

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Re: Atlassian Valued at $3.3 Billion

#101

Post by dkarapetyan »

I don't understand any of this. Every atlassian product I have ever used has been terrible. All their software is full of performance issues, uncountable UI bugs, and every time we upgrade it's impossible to tell whether we lost any data in the process and several times we have lost data. Their continuous integration server, Bamboo, is pretty to look at but unusable except for the lightest of use cases. The message broker between master and slave constantly goes down, publishing artifacts is hit or miss based on various network conditions that are mostly out of my hands because we're in AWS and I think they use chunked encoding to transfer the artifacts.

Honestly, if they're worth $3.3 billion then the software industry is doomed. Maybe that's a bit over the top but the quality of the products based on what I read doesn't add up. How can you do so much R&D and still have a product that's so unstable and can't handle simple network hiccups?

Re: Atlassian Valued at $3.3 Billion

#102

Post by andrewchoi »

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 would assume that the write assumed that "online collaboration tools for businesses" is a single market, and ostensibly both companies can be said to sell products in that space, but yes, I agree that it's less than apt.

Re: Atlassian Valued at $3.3 Billion

#103

Post by [deleted] »

Guvante wrote: post #35
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.

[deleted]

Re: Atlassian Valued at $3.3 Billion

#104

Post by lnanek2 »

Don't really understand why they are comparing Box and Atlassian the whole article. Box is cloud storage. Atlassian is programming tools like issue trackers, wikis, etc.. It's like comparing DropBox and StackOverflow. It doesn't make much sense.

Re: Atlassian Valued at $3.3 Billion

#105

Post by lnanek2 »

dkarapetyan wrote: post #101

I don't understand any of this. Every atlassian product I have ever used has been terrible. All their software is full of performance issues, uncountable UI bugs, and every time we upgrade it's impossible to tell whether we lost any data in the process and several times we have lost data. Their continuous integration server, Bamboo, is pretty to look at but unusable except for the lightest of use cases. The message b…

Generally they seem good at convincing management they offer some business like value add none of the users actually want. I've been at companies where we had to switch to their really poor wiki product, Confluence, instead of free and better alternatives because Confluence allowed management to lock down editing permissions on individual pages in a more detailed manner. Note that I then spent weeks trying to get access to write to a page whenever I needed to add something to the company wiki, and weeks trying to get an admin to install a plugin to allow some HTML syntax we needed. So the experience from the user side was absolutely terrible, but it made management happy they got to micromanage all the page write permissions. That's all you need to do to make money in enterprise.

Re: Atlassian Valued at $3.3 Billion

#106

Post by mikekij »

rgrieselhuber wrote: post #10

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…

It could (ideally) be boiled down even farther. You need to do one thing: build a great product!

In reality, there is a lot more needed to be successful, but Atlassian is a great example of success being 90% great product.

Re: Atlassian Valued at $3.3 Billion

#107

Post by plaguuuuuu »

dkarapetyan wrote: post #101

I don't understand any of this. Every atlassian product I have ever used has been terrible. All their software is full of performance issues, uncountable UI bugs, and every time we upgrade it's impossible to tell whether we lost any data in the process and several times we have lost data. Their continuous integration server, Bamboo, is pretty to look at but unusable except for the lightest of use cases. The message b…

Sounds a lot like another IT company starting with M :P

They have a solid target market and a product that pretty much does what it needs to, albeit with a tonne of bloat and questionable UX principles.

Re: Atlassian Valued at $3.3 Billion

#108

Post by coldtea »

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…

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

Bastardized? It's the ACTUAL pronunciation, they just removed the "go" part.

It's nothing like making fun of the Japanese. I think trying to find racism where it doesn't exist has gone too far.

Re: Atlassian Valued at $3.3 Billion

#110

Post by zevyoura »

schneid wrote: post #97
zevyoura wrote: post #94

Earlier quoted context omitted.

>doesn't make useless dodads or chat apps or whatever To be fair, Atlassian makes HipChat, and though it's not exactly the foundation of their valuation it is a pretty significant product.

To be fair, Atlassian bought HipChat :)

They bought Crucible and Bitbucket too, doesn't make them any less an Atlassian product.
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