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Two big announcements

37signals.com

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Re: Two big announcements

#51

Post by owens99 »

philfreo wrote: post #9

Big news! We've been big fans of 37signals for a decade or so and in many ways they have inspired us in building Close.io. I love that they are able to make the hard decision to focus on one thing. We want to take great care of any Highrise customers looking for a new home: http://close.io/highrise Check out http://close.io/ - mention that you were a Highrise customer and I can make sure you'll get a special discount…

Nice sales pitch. IMO Close.io is so good you don't need to give a shameless plug like that.

Re: Two big announcements

#52

Post by sutterbomb »

jhonovich wrote: post #16

"Based on current revenues, current growth rates, and a conservative multiple, Campfire will sell in the single digit millions, and Highrise will sell in the tens of millions" Anyone care to take a guess to what Campfire and Highrise revenue? What type of multiple of revenue do they expect to get?

I'd guess a 6x multiple of revenue, considering their sales, staffing and acquisition models. (I.e. no-touch, low-overhead, referral/word of mouth.)

[Addendum] Perhaps 6x was extremely low given the current market. Need to update my priors: http://tomtunguz.com/saas-valuation-bubble/

Re: Two big announcements

#53

Post by chipotle_coyote »

unfunco wrote: post #40
robotcookies wrote: post #17

Earlier quoted context omitted.

But Github is already doing what 37signals is aiming for and that is being a company focused on a single product. I'd think they want to maintain that.

Whilst GitHub itself is definitely the focus at GitHub, Inc. They also have other products, they have a job board too, and Speaker Deck, and Gauges.

They actually sold Gauges to Fastest Forward a couple months ago. Hopefully the new owners will give it some much-needed love; it's pretty, but... let's say unnecessarily minimalist. (If there's a way to get it to give me all the referers in a time period other than day-by-day, for instance, I still haven't figured it out.)

Re: Two big announcements

#55

Post by philfreo »

Xorlev wrote: post #48
philfreo wrote: post #9

Big news! We've been big fans of 37signals for a decade or so and in many ways they have inspired us in building Close.io. I love that they are able to make the hard decision to focus on one thing. We want to take great care of any Highrise customers looking for a new home: http://close.io/highrise Check out http://close.io/ - mention that you were a Highrise customer and I can make sure you'll get a special discount…

Hey guys, Your navbar links don't seem work on your Highrise page.

fixed, thanks

Re: Two big announcements

#56

Post by [deleted] »

[deleted] wrote: post #49
philfreo wrote: post #13

Earlier quoted context omitted.

Give us a shot... http://close.io/ We've also got an easy migration tool for any existing Highrise users: http://close.io/highrise and a solid REST API http://developer.close.io/

[deleted]

[deleted]

Re: Two big announcements

#57

Post by howradical »

Brilliant. 37signals inspired a generation of developers, nearly every modern web framework and dozens of direct competitors. Makes complete sense to double down on their biggest winner. Many people talk about cutting, simplifying, focus, editing - but few people and even fewer companies follow through on it.

Re: Two big announcements

#58

Post by timdorr »

unfunco wrote: post #40
robotcookies wrote: post #17

Earlier quoted context omitted.

But Github is already doing what 37signals is aiming for and that is being a company focused on a single product. I'd think they want to maintain that.

Whilst GitHub itself is definitely the focus at GitHub, Inc. They also have other products, they have a job board too, and Speaker Deck, and Gauges.

They sold Gauges: http://fastestforward.com/blog/archives/2013/11/01/fastest-f...

Re: Two big announcements

#59

Post by philfreo »

owens99 wrote: post #51
philfreo wrote: post #9

Big news! We've been big fans of 37signals for a decade or so and in many ways they have inspired us in building Close.io. I love that they are able to make the hard decision to focus on one thing. We want to take great care of any Highrise customers looking for a new home: http://close.io/highrise Check out http://close.io/ - mention that you were a Highrise customer and I can make sure you'll get a special discount…

Nice sales pitch. IMO Close.io is so good you don't need to give a shameless plug like that.

You are awesome :)
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