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Atlassian is acquiring The Browser Company

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301–310 of 528 posts

Re: Atlassian is acquiring The Browser Company

#301

I’m not sure whether I find it more worrisome or fascinating that we live in a world where a company that, as far as I know, has never generated a single dollar in revenue has managed to exist for over five years, employ more than 100 people, and still get acquired for this amount. This isn’t criticism or sarcasm — I’m genuinely impressed, but also very curious about the rationale behind it.

Atlassian has always baffled me. In that JBoss sort of way. Explaining why they're successful and I'm not.

Luck. It’s always just luck.

Of course, you need to have other ingredients too, but hundreds of millions, if not even billions of people have those skills too. Who win more among them is pure luck.

And in that, of course a ton of predetermined parameters, like where you born, who your parents are, what your skin color is, etc.

I have a friend who is worse in almost every skills which matter in our work. Not much worse, he is still awesome in his job. But I’m better. Every single person who saw us work in comparable environments would tell you the same thing. His career is still better than mine. And the single reason is that he born in wealth. He had the opportunity to live without income for years, and kick off a startup, and try to start some others, and simply try out, and risk things which I couldn’t do. Nothing else. Pure luck.

Re: Atlassian is acquiring The Browser Company

#302
I’ll never understand why they didn’t even bother to experiment with monetization for Arc.

Normally, I’d scoff at the idea. But they genuinely made the browser useful again in ways for which I’d happily shill $30/mo. Superhuman proved you can do it for email, which was also previously laughable. I guess that ended in a buyout, too, but at least they tried.

Arc also had a solid wedge into team space, especially if going AI-native was their little dream.

You own the browser. Just build a capable browser-first agent that helps teams do work. Make it a shared space (separate from personal ofc) and start charging for teams.

As I write this, it’s pretty clear that’s what Atlassian wants to do with this. The only real loss is: - They decided to roundtrip the entire product story of Arc with Dia, and drag users through 0->1 again - It’s Atlassian, and you know they’re gonna suffocate anything that isn’t related to Atlassian

All in all, this looks like a fear-based sellout. They could have done it on their own but didn’t have the chops to scale into a company of that size. So instead they took the guaranteed payoff and tucked themselves inside this big ** kangaroo’s pouch for safety while they get to play with AI indefinitely.

“We coulda been something real.”

————

EDIT: unironically, they now offer the option to pay $20/mo for Dia Pro… it’s basically comedy at this point.

Re: Atlassian is acquiring The Browser Company

#304

Earlier quoted context omitted.

their valuation from last funding in March 2024 was $550m, sold for $610m minus cash on hand. so basically at value...agreed that it's a nice windfall for these folks but relatively bad outcome. When you're building a new browser with AI a year before the trillion dollar AI industry goes bananas for AI browsers and you end up with 600 mil, that feels like an L.

On the other hand, what is an AI browser supposed to enable that justifies a billion dollar valuation?

preaching to the choir in absolute terms. in relative terms, if a random feature flag company can be bought for over a billion by an AI company, an AI browser company should be able to be sold for at least that much.

Re: Atlassian is acquiring The Browser Company

#305

Why were they acquired at that price? What is the competitive/technological advantage that Atlassian is acquiring? I am a little confused because at first glance their product appeared to fail to find a market. There must be something of value here.

The only natural synergy I can see is with Arc – PMs and product people loved Arc (myself, a designer, included). There's a very interesting play to be made by capitalizing on that market but IDK if that's what Atlassian is thinking.

Re: Atlassian is acquiring The Browser Company

#306

Earlier quoted context omitted.

Atlassian essentially got a big fairly locked-in userbase that they will now squeeze using their existing proven mechanisms. Oh and they probably got a few free competent developers without needing to go through an expensive hiring process. All told, probably worth 610M.

are they locked-in tho? People loved Arc, but they killed it. Doesn't seem the reviews of Dia are all that great.

I love Arc. I tried Dia. I wanted to like it but don't see how it's going to be valuable for me.

The browser features are _much_ worse than Arc (no sidebar, bookmarks are a dropdown, ...) and most of the time the AI can't even "see" or "read" what's on the page I'm viewing, so it's just worse than using Claude/ChatGPT/Gemini.

I'm still using Arc and will probably continue until there's another browser that copies its UI/UX improvements.

Re: Atlassian is acquiring The Browser Company

#308

I’m not sure whether I find it more worrisome or fascinating that we live in a world where a company that, as far as I know, has never generated a single dollar in revenue has managed to exist for over five years, employ more than 100 people, and still get acquired for this amount. This isn’t criticism or sarcasm — I’m genuinely impressed, but also very curious about the rationale behind it.

Agreed, to make it even more interesting Browser Company discontinued Arc earlier this year. So not only did they do all of the things OP listed, but also didn't have a current product when acquired.

My experience with Arc was installing it, asking myself "I have to pay to change the app icon? wtf" and uninstalling it. Horrendous UI as well.

Re: Atlassian is acquiring The Browser Company

#309
post #233

Earlier quoted context omitted.

Damn, I really appreciate the decision to do this in a new product. Arc is the best browser I've ever used, and I'd hate to see AI features forced upon me. Thanks Browser Company!

I agree. I think Arc was the biggest innovation in browser UI since Chrome. I think you will eventually have to switch because it will lack behind given that it's not their priority anymore. Zen browser seems like viable alternative but I haven't used it enough yet to know how well polished it is. https://zen-browser.app

It is impressive what a single person with a vision can achieve hacking away on Firefox, especially considering Mozilla's track record in recent years.

A bus factor of 1 is still a bit red flag on something as involved as browser maintenance. Hopefully a community can emerge around the project.

ref: https://github.com/zen-browser/desktop/graphs/contributors

Re: Atlassian is acquiring The Browser Company

#310

Earlier quoted context omitted.

There was an interview with the founders not long ago on Every's podcast: https://every.to/podcast/inside-the-browser-company-why-they... I never really got where the innovation was in Arc, and never got a chance to see or try Dia, but the interview at least gave me some empathy for what they were going for.

From my perspective, as a user, the big thing is compartmentalization. Arc breaks the traditional paradigm of "bookmarks", using "Spaces" and "Pins" instead. "Pins" are the closest to bookmarks. They appear at the top of the sidebar, and can be organized into folders. They differ from bookmarks in that they are pretty much native tabs that are unloaded until you open them. "Spaces" are sets of tabs, both pinned and n…

Zen browser is basically a Firefox-based reimplementation of Arc's main features.
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