Earlier quoted context omitted.
Posting news on your own, professional blog is "spam" now?
If your blog post adds literally no value whatsoever and is on a blog that is almost 100% repost spam, yes.
This article added one fact of interest: a price.
SurveyMonkey to buy Wufoo (YC W06) for $35m
41–50 of 63 posts
Re: SurveyMonkey to buy Wufoo (YC W06) for $35m
#42PG must be very pleased. I think he invested in Wufoo (in addition to the original YC investment).
Re: SurveyMonkey to buy Wufoo (YC W06) for $35m
#43I don't get it; where did surveymonkey found $35m? is there so much money to make in online surveys?
I can believe there's the money, what I can't believe is why SurveyMonkey appears to be so entrenched, it's not a product that's hard to replicate (at least that's how it appears from the outside). It also has a URL that really looks scammy. Whenever I see a mailing list mailout from Big Corporation X, and it has a SurveyMonkey URL, I think "this is pretty much the opposite of the professional image that they're tryi…
Based on their site, surveymonkey seems to be very good in corporate sales, having that big customer base is hard to replicate.
Re: SurveyMonkey to buy Wufoo (YC W06) for $35m
#44I don't get it; where did surveymonkey found $35m? is there so much money to make in online surveys?
I can believe there's the money, what I can't believe is why SurveyMonkey appears to be so entrenched, it's not a product that's hard to replicate (at least that's how it appears from the outside). It also has a URL that really looks scammy. Whenever I see a mailing list mailout from Big Corporation X, and it has a SurveyMonkey URL, I think "this is pretty much the opposite of the professional image that they're tryi…
especially since you can create surveys on Google Docs for free.
Re: SurveyMonkey to buy Wufoo (YC W06) for $35m
#45SO happy for these guys! Well earned outcome.
The dollar-figure makes me wonder if there is a "valley multiplier" on startup valuations. These guys built a great business with epic growth outside of the valley with very little funding. Aside from their SaaS offering, they're doing $200k of commerce transactions PER DAY.
If they were in the Valley and had taken a few million in funding, would the price tag be different (i.e. much higher)? When I compare this exit to other 30-40M exits, Wufoo seems head-and-shoulders above the rest in terms of revenue/profit, proven growth, proven team, etc.
Re: SurveyMonkey to buy Wufoo (YC W06) for $35m
#46Snarky 37signals post in t-minus...
I don't think so. Wufoo and SurveyMonkey are both profitable and they both charge for a product that solves a real problem.
They (at least DHH) often go on rants that acquisitions should not be a goal of a company, and that companies are always ruined when they get bought out (see their series of stories called: Exit Interview)
Re: SurveyMonkey to buy Wufoo (YC W06) for $35m
#47Snarky 37signals post in t-minus...
This one seems like a good fit to me. Both small companies (SM being larger, but still small, all things considered) so you don't see the massive guy swallow up the small guy. Complimentary businesses (we use both products). Great products (both are very good). Good people.
Re: SurveyMonkey to buy Wufoo (YC W06) for $35m
#48Earlier quoted context omitted.
I don't think so. Wufoo and SurveyMonkey are both profitable and they both charge for a product that solves a real problem.
Perhaps he's referencing to their post in response to Mint's acquisition [1]. I had the same response, although I don't use either service enough to have much validity behind my opinion: Wufoo seems to have been better executed than SurveyMonkey, at least from an UI perspective. That said, there's obviously more to this business than simply executing well. 1. http://37signals.com/svn/posts/1927-the-next-generation-be…
Jason Fried's comments on the Mint acquisition could be summarized as dissapointment over Mint "selling out". That is, they were on a good trajectory to take out an incumbent institution, and instead of carrying that through, they took a payday and let the incumbent off the hook.
The situation with SurveyMonkey and Wufoo couldn't be more different. Neither is analogous to Intuit. Not by any stretch. Both companies are closer to start-up than they are institution.
Re: SurveyMonkey to buy Wufoo (YC W06) for $35m
#49Earlier quoted context omitted.
I can believe there's the money, what I can't believe is why SurveyMonkey appears to be so entrenched, it's not a product that's hard to replicate (at least that's how it appears from the outside). It also has a URL that really looks scammy. Whenever I see a mailing list mailout from Big Corporation X, and it has a SurveyMonkey URL, I think "this is pretty much the opposite of the professional image that they're tryi…
Based on their site, surveymonkey seems to be very good in corporate sales, having that big customer base is hard to replicate.
This is exactly it. The product is easy to replicate, corporate account acquisition is not.
Re: SurveyMonkey to buy Wufoo (YC W06) for $35m
#50"Wufoo has helped people collect over $100,000,000 worth of revenue for the users and about $200,000 in payments per day." I really hope you guys continue to kill it in the form space.
Not a snarky question, I am just confused. Where do these numbers come from? How is Wufoo helping it's customers collect revenue?
We needed to launch a product quickly the other week so created a new form with Google Checkout to process payments, I managed to turn this around in less than 30mins. For the week prior to moving to our Shopify site we processed just over £21k in transactions via Wufoo's form.
Congrats, a very satisfied bonafide customer.