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Atlassian acquires Trello for $425M

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Re: Atlassian acquires Trello for $425M

#31
post #20
post #3

Not sure how JIRA will marry Trello. They are different in their user base. I use both but for very different cases.

Yes – Just like Bitbucket Issues didn't marry JIRA. One core difference between Trello and JIRA Agile is, in Trello you can't hide tickets that you don't want right now in the sprint – In JIRA Agile, you only put a few issues in the sprint so the board looks clean. Anyway. Not sure why some people want to move away from Trello now. Is it that they don't want an identity connection between JIRA and Trello (SSO or simi…

I think it's likely that people who use Trello appreciate the simplicity and Atlassian aren't exactly known for creating simple software (speaking as a past Jira user/admin).

I had the same feeling of "oh well, what else can I use in the future" when I read this post.

Re: Atlassian acquires Trello for $425M

#32
post #8

So... it's going to stop being free and start sucking?

What, you don't like decade+ old highly useful and yet ignored issues?[0][1]

[0] https://jira.atlassian.com/browse/JRA-1369

[1] https://jira.atlassian.com/browse/JRA-3821

PS: Here's a bonus issue that took 10 years to resolve (renaming users!): https://jira.atlassian.com/browse/JRA-1549

Re: Atlassian acquires Trello for $425M

#34
post #8

So... it's going to stop being free and start sucking?

What's wrong with it becoming a service you pay for? This is, in-fact, what you get when you entrust someone else's Software As a Service with your data and workflows... You do not own it, they do and it is their right to charge for it just as it would be your right to charge for some service you developed and maintained that people found useful. It is also your right to move your workflows elsewhere or to a desktop / laptop resident piece of software that's not owned by anyone!

Whining about a for-profit product no longer having a free-tier is odd to me. Either be fine paying for the service (nothing wrong with that) or pickup software that is free; I for instance personally use org-mode and Emacs heavily for all of my personal information management.

I also do not understand the sentiment that every product acquired will slowly begin to suck; that happens for some products sure but the converse is also the case.

To be fair to Atlassian, I used to hate Jira a lot but in recent years had to use it for work and it quickly grew on me; they are putting effort into improving their services / products, modernizing their software development processes and technologies, and delivering updates to their software on a regular basis.

If you're going to contribute here, please be more constructive or detailed. Why not talk about your ideas for a project that is free that anybody could install on their servers that does what Trello does if you do not like that they may begin charging for Trello?

Re: Atlassian acquires Trello for $425M

#36
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?

Yeah, that's exactly what they say in the article. Their goal is to get to 100MM MAUs, which they can really only do by expanding to non-tech industries, and Trello is extremely popular amongst marketing and finance professionals.

Re: Atlassian acquires Trello for $425M

#37
post #3

Not sure how JIRA will marry Trello. They are different in their user base. I use both but for very different cases.

I am a big JIRA fan, but lately they have dumbed it down to be very much like Trello. So I hope this gives me old JIRA back, built-in. Currently I have the "classic" workflow as an export that I can import. I wonder if they will try to push Trello users to Atlassian hosted JIRA Software with the simple workflow, or if they will combine the two like they did with Bitbucket and Stash.

Re: Atlassian acquires Trello for $425M

#38
post #17

Earlier quoted context omitted.

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.

Personally all my own projects are on bitbucket. They were the first to provide free unlimited private repos and just has a great set of tools. So my personal preference is bitbucket over github.

Re: Atlassian acquires Trello for $425M

#40

"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.

Assuming a $50 million valuation at the time of investment, quick back of the napkin is 8x return right?
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