CTOs and CPOs affection to useless crap designed to impress clueless managers and hated by everyone who actually has to use it is kind of a common pattern.
Atlassian is 20 years old and unprofitable
111–120 of 515 posts
Re: Atlassian is 20 years old and unprofitable
#112Re: Atlassian is 20 years old and unprofitable
#113Forgive my math skills at 4:07 in the morning, but isn't that actually 36% growth?
> Atlassian’s legacy Jira product ... is no longer loved by developers.
As a developer I prefer Jira over every alternative I've tried (Clubhouse, Trello, GitHub Issues, and Monday.com).
> users can switch to a competitor product like Asana, Basecamp or Monday.com with minimal cost (other than the initial hassle of switching to a new system).
That seems like a pretty big hassle though. My company is way too busy to undertake switching ticketing systems.
Re: Atlassian is 20 years old and unprofitable
#114It's tough for me to square with the JIRA hate. I don't mean to simply be contrarian here, I have limited (<6 months) experience. But the alternative horrors I've been forced to use - like Rally or a couple internal tools that were highly neglected - I can't imagine it's really _that_ bad...
Re: Atlassian is 20 years old and unprofitable
#115Atlassian has massive network in its ecosystem. There are Jira Consultancies, 3rd party apps and plugins and deep integration into customers processes. If one element grows the whole ecosystem profits.
Secondly, Atlassian is not a bad company just because it's stock is overpriced. It might be a bad investment!
Over the short and midterm Atlassian is in some trouble because it has problems to scale the development while shifting from legacy to cloud. They will solve it. Still i expect some bad news to come.
These bad news will beat down the stock and maybe create an opportunity to buy a great company at a great price.
PS: The Atlassian invoice of my employer tripled over 1 year. You start cheap and simple and with every plugin and product you add the invoice grows. Thus to value Atlassian you have to look into revenue per customer over its life time, which is far greater than this year's revenue of the customer.
Re: Atlassian is 20 years old and unprofitable
#116> Combined with employing more than 8000 people, this means that Atlassian is unprofitable In 1991, Microsoft had 8000 employees. It was producing DOS, Windows 3*, Office, OS/2, tools and compilers. Windows NT was in development. They did not use Jira. I think the main feature of these tools is to make people, who would otherwise be unproductive, feel and look productive. Maybe those people are managers that should n…
The actual lines of code in an OS has balooned exponentially. Of course we can’t discount the abilities of the average software engineer in the 90s vs now. I’d guess back then you had to be fairly driven and smart to be employed there, which is not necessarily true anymore. If you have a pulse and can barely pass fizz buzz you’re employed with 200k salary, so yeah.
Tell us you don't have any experience with hiring, without telling us you don't.
Re: Atlassian is 20 years old and unprofitable
#117> Combined with employing more than 8000 people, this means that Atlassian is unprofitable In 1991, Microsoft had 8000 employees. It was producing DOS, Windows 3*, Office, OS/2, tools and compilers. Windows NT was in development. They did not use Jira. I think the main feature of these tools is to make people, who would otherwise be unproductive, feel and look productive. Maybe those people are managers that should n…
The actual lines of code in an OS has balooned exponentially. Of course we can’t discount the abilities of the average software engineer in the 90s vs now. I’d guess back then you had to be fairly driven and smart to be employed there, which is not necessarily true anymore. If you have a pulse and can barely pass fizz buzz you’re employed with 200k salary, so yeah.
If this was true; it is not an "efficient market" we are observing, neither in SaaS or developer employment. These companies would be outcompeted. The underlying mechanism that enables this is probably SaaS/etc lock-in.
Will be interesting to see what/how overturns whatever paradigm this is.
Re: Atlassian is 20 years old and unprofitable
#118So with Slack there is Mattermost and Zulip. What are the equivalents for Jira ? Is there an openish source piece of similar software ? Jira cops a lot of hate on HN, but really to paraphrase Churchill on Democracy - "Jira is the worst issue tracking software, except for all the others". The comparison on Wikipedia has so many of them : https://en.wikipedia.org/wiki/Comparison_of_issue-tracking_s... Are any of them a…
If the issue in your company is tracking software, your company is probably full of anal PMs and a nightmare to work in.
We used to use zenhub, nowadays we use github projects
Re: Atlassian is 20 years old and unprofitable
#119> users can switch to a competitor product like Asana, Basecamp or Monday.com with minimal cost That's just plain nonsense. I dislike using Jira as much as anyone, mainly because it's so excruciatingly slow. But there is no competing product (suite) that offers comparable functionality and provides the same long-term flexibilty. Many companies have built entire workflows (not just development related) around Jira, an…
And while Jira is clunky, but other enterprise grade solution I've used are worse
Don't get me wrong I'd pick lean alternatives any day of the week, but for what it does there's few replacements
Re: Atlassian is 20 years old and unprofitable
#120> While it is still used by many tech businesses (including the author’s), it has no real network effect — that is, users can switch to a competitor product like Asana, Basecamp or Monday.com with minimal cost (other than the initial hassle of switching to a new system). Lol. At some companies, Jira workflows literally run the whole company. At my prev job, prod deployments were tightly linked to Jira.
The thought of running a 10,000+ development team using Basecamp is hilarious in its insanity. Because that is where Jira primarily plays. In enterprise companies where it's rolled out across the organisation with tentacles firmly embedded into almost every process and system. And whilst people continue to criticise Jira it continues to grow because in reality it competes with products like Rally not Asana. And there…
Is there a breakout of company size vs revenue for Jira? Because for the past 10 years I've worked only on smaller companies and they all, no exceptions, used Jira as well.