Live data from Hacker News

Atlassian acquires Trello for $425M

techcrunch.com

21–30 of 765 posts

Re: Atlassian acquires Trello for $425M

#21
post #17
post #6

This makes sense. Atlassian is good at making money from its services and it is increasing its overall ecosystem here. Github moves really slow in comparison. I guess Github is more focused, but there are a lot of contrasts between Github and Atlassian, and in terms of making money I think Atlassian is doing a lot better. Has Github acquired anything significant? Github should have acquired Zenhub (which is Trello in…

What does this have to do with h GitHub?

BitBucket is owned by Atlassian and a competitor (the biggest?) to Github in the enterprise.

Re: Atlassian acquires Trello for $425M

#23
post #19

Trello has apparently about 19 million users. And I would bet that the majority of them are not the typical target audience of Atlassian products (i.e. software development teams). So I wonder if they are mostly aquiring the user base here in order to expand their potential market?

That is true - a lot of software developers use a variety of tools so they can do more advanced things like track burn rates, project velocity, and such more quantitatively. Trello, on the other hand, is so easy that I've seen it used for everything from managing speaking arrangements to writing books. It has more of a mass appeal.

Re: Atlassian acquires Trello for $425M

#25

"In July 2014, Trello spins off from Fog Creek and becomes Trello, Inc. naming Fog Creek co-founder Michael Pryor as its CEO. The company raises $10.3 million in a Series A round of funding led by Spark Capital and Index Ventures." Spark Calital and Index Ventures must have gotten a nice huge return, Trello only raised $10 million.

All depends on what valuation they got in at. Trello was pretty well on it's way by July '14, so it's possible the valuation was already pretty high. Even so, I bet it was a 3-5x multiple, at least.

Re: Atlassian acquires Trello for $425M

#26
post #11

Anyone know a good simple trello competitor that I can import my trello boards to really quick.

I've heard wekan mentioned a lot (open source alternative). Here's the migration docs: https://github.com/wekan/wekan/wiki/Migrating-from-Trello

Wekan is really a copy of Trello, it's awesome. Installing it through Sandstorm.io makes it very easy, but I don't have production experience with Sandstorm.io.

Re: Atlassian acquires Trello for $425M

#29
post #17
post #6

This makes sense. Atlassian is good at making money from its services and it is increasing its overall ecosystem here. Github moves really slow in comparison. I guess Github is more focused, but there are a lot of contrasts between Github and Atlassian, and in terms of making money I think Atlassian is doing a lot better. Has Github acquired anything significant? Github should have acquired Zenhub (which is Trello in…

What does this have to do with h GitHub?

JIRA + Bitbucket (and now + Trello) is a very effective competitor to Github among enterprise companies. Github's issue tracker sort of sucks and this hurts it tremendously -- I know as I live with that shitty issue tracker in an enterprise situation.
Post reply on HN