Live data from Hacker News

Accenture to acquire Ookla

newsroom.accenture.com

131–140 of 186 posts

Re: Accenture to acquire Ookla

#131
post #109
post #44

I am not sure why this old news is surfacing here today but I can give my 2 cents, since I sold speedchecker.com last year and were directly competing with Ookla. The main business is selling the data. You use Speedtest.net to troubleshoot your connection but metrics captured with the test alongside location data give telcos invaluable insights on where they should improve their networks. Telcos pay 6 figures annuall…

> but it took me 18 years to grow the user base , figure out entreprise sales strategy and exit. The audience here has never wanted to admit that the codebase doesn't really matter. Now that codebases can be created in a weekend, people are opening their eyes to this sentiment - the hard part is the sales, the code is easy.

> the codebase doesn't really matter

Sigh.

I’m sure the viewpoint from being in mergers and acquisitions is quite different (and to me, often comes across as quite callow). I’ve been a software developer for 35 years (closer to 45 if you include my pre-professional life, aka adolescence) and have deliberately stayed “on the tools” in my career with working in codebases and product development as I’ve found that is where I am happiest and can make the best contribution, rather than move up the managerial ladder to my level of incompetence, to quote Peter.

To create a successful product in IT, or any industry really, it takes a lot of different skills, facets and (often competing) priorities. And those priorities do change over time. I’m sure by the time a product or service crosses your desk, the codebase quality is not as big of a priority. Earlier in the life cycle a shit codebase makes for a shit product that is a lot harder to grow and maintain — so much so that most of them have probably folded before they reached the stage of looking to be merged or acquired. I’ve dabbled in sound mixing for live performance and when training others I’ve mentioned the fact that it very hard to make a bad singer or musician sound good, but very easy to make a good singer or musician sound bad. Same goes for trying to make what would otherwise have been a good product or service with a bad codebase. That’s really hard and creates a hell of a lot more work for every part of the business.

I’ve had sales people tell me to my face that they are the most important part of the business and the actual product or services is not that important. And in my more callow stages of life experience I’m pretty sure I’ve reciprocated with words like useless and parasitic, and that I could replace them with a small bash script. But in reality what we all do is important to the complex endeavour of developing and maintaining a successful product or service. The existential threat of AI is moving up the ladder of incompetence and changing the face of what we do. It may even jump a few rungs in the process. But it’s not there just yet. Keep making good sales, keep making good mergers, good products, good acquisitions, good services, and good codebases.

No tokens were harmed in the production of this comment.

Re: Accenture to acquire Ookla

#132
post #109

Earlier quoted context omitted.

> but it took me 18 years to grow the user base , figure out entreprise sales strategy and exit. The audience here has never wanted to admit that the codebase doesn't really matter. Now that codebases can be created in a weekend, people are opening their eyes to this sentiment - the hard part is the sales, the code is easy.

> the codebase doesn't really matter Sigh. I’m sure the viewpoint from being in mergers and acquisitions is quite different (and to me, often comes across as quite callow). I’ve been a software developer for 35 years (closer to 45 if you include my pre-professional life, aka adolescence) and have deliberately stayed “on the tools” in my career with working in codebases and product development as I’ve found that is wh…

Your argument is sound. It certainly takes a good deal of skill to create good code. And yes, good code makes it easier to create a better product.

And yes it's easier to build a better company on a better product.

But history is littered with "worse products" that won in the marketplace.

It turns out that all the attributes you name are helpful but not necessary. Good marketing trumps good product. We see this over and over again.

The best combination is good marketing and good product. If I can only get 1 of those then I'll take hood marketing. Equally if you have a good product but bad marketing you don't get many (if any) users. The "ask" section on this site is littered with that.

So, assuming we can all make "good enough" code, the code doesn't matter. It's all good enough. The distinguishing feature is the marketing, because that leads to market share, and that's all any company is really selling (once it sells for a lot).

I'm upvoting you because your comment is well made, and certainly common, even if it is incorrect:)

Having been involved in multiple different acquisitions, on both sides of the table, I can anecdote that the code quality had no impact on any part of the acquisitions. The players are not buying or selling the code.

Re: Accenture to acquire Ookla

#133
post #44

I am not sure why this old news is surfacing here today but I can give my 2 cents, since I sold speedchecker.com last year and were directly competing with Ookla. The main business is selling the data. You use Speedtest.net to troubleshoot your connection but metrics captured with the test alongside location data give telcos invaluable insights on where they should improve their networks. Telcos pay 6 figures annuall…

> To all commenters who think they can code it over the weekend, yes you are right... but it took me 18 years to grow the user base

I should get this printed and framed

Re: Accenture to acquire Ookla

#135
post #44

I am not sure why this old news is surfacing here today but I can give my 2 cents, since I sold speedchecker.com last year and were directly competing with Ookla. The main business is selling the data. You use Speedtest.net to troubleshoot your connection but metrics captured with the test alongside location data give telcos invaluable insights on where they should improve their networks. Telcos pay 6 figures annuall…

> Accenture is in trouble with their main consulting business due to AI

Is this something being seen across all outsourcers like Accenture, Wipro, Infosys etc?

Re: Accenture to acquire Ookla

#136
post #44

I am not sure why this old news is surfacing here today but I can give my 2 cents, since I sold speedchecker.com last year and were directly competing with Ookla. The main business is selling the data. You use Speedtest.net to troubleshoot your connection but metrics captured with the test alongside location data give telcos invaluable insights on where they should improve their networks. Telcos pay 6 figures annuall…

Are you able to share the details on how it was valued? Was it N times revenue or anything like that? I have tried to value a property several parties are interested in and found it quite mysterious.

Re: Accenture to acquire Ookla

#137
post #109
post #44

I am not sure why this old news is surfacing here today but I can give my 2 cents, since I sold speedchecker.com last year and were directly competing with Ookla. The main business is selling the data. You use Speedtest.net to troubleshoot your connection but metrics captured with the test alongside location data give telcos invaluable insights on where they should improve their networks. Telcos pay 6 figures annuall…

> but it took me 18 years to grow the user base , figure out entreprise sales strategy and exit. The audience here has never wanted to admit that the codebase doesn't really matter. Now that codebases can be created in a weekend, people are opening their eyes to this sentiment - the hard part is the sales, the code is easy.

Most of them can't. It's just a few products like speed testers and social media that are at least surface level easy. You can't vibe code up a triple A quality game in a weekend.

Re: Accenture to acquire Ookla

#138

Earlier quoted context omitted.

> the codebase doesn't really matter Sigh. I’m sure the viewpoint from being in mergers and acquisitions is quite different (and to me, often comes across as quite callow). I’ve been a software developer for 35 years (closer to 45 if you include my pre-professional life, aka adolescence) and have deliberately stayed “on the tools” in my career with working in codebases and product development as I’ve found that is wh…

Your argument is sound. It certainly takes a good deal of skill to create good code. And yes, good code makes it easier to create a better product. And yes it's easier to build a better company on a better product. But history is littered with "worse products" that won in the marketplace. It turns out that all the attributes you name are helpful but not necessary . Good marketing trumps good product. We see this over…

Marketing without a product is called a scam. Marketing with a "good enough" product to sell it is the same.

Re: Accenture to acquire Ookla

#140

Earlier quoted context omitted.

I recommend https://speed.cloudflare.com/ personally.

I like the fact that it shows packet loss

Well, I originally found it on the Bufferfloat test page: https://www.bufferbloat.net/projects/bloat/wiki/Tests_for_Bu...
Post reply on HN