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Clockwise acquired by Salesforce

getclockwise.com

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Re: Clockwise acquired by Salesforce

#61

Post by JumpCrisscross »

chronic20001 wrote: post #52
JumpCrisscross wrote: post #39

Earlier quoted context omitted.

> Salesforce has lost half its market cap in the last ~year They're also at record revenue [1]. [1] https://investor.salesforce.com/news/news-details/2026/Sales...

> They're also at record revenue [1]. I too have revenue of $1 billion but with $2 billion in expenses

“FY26 operating cash flow of $15.0 billion, up 15% Y/Y, and free cash flow of $14.4 billion, up 16% Y/Y. Returned $14.3 billion to shareholders, including $12.7 billion in share repurchases and $1.6 billion in dividends.”

Like, literally bullet pointed.

Re: Clockwise acquired by Salesforce

#63

Post by apparent »

skeeter2020 wrote: post #58
apparent wrote: post #37

Earlier quoted context omitted.

That's what the vesting period is for, to ensure the team sticks around for long enough that the acquirer can figure out who is most valuable and make it attractive for them to stay.

optimist's view: if you have faith in SF longer term it's a great time to get your options priced!

I've definitely heard stories of people who wanted to sell their stock after being acquired, couldn't because of vesting/lockup, and were glad because it went up a lot in the meantime.

Re: Clockwise acquired by Salesforce

#64

Post by tuananh »

pjc50 wrote: post #20
dinamic wrote: post #18

Why would a company acquire the other one just to shut it down?

Other than directly cancelling a competing product, it's usually to acquire the staff. Bit like the football transfer market, but you can buy Marcus Rashford separately without having to buy the whole of Man U.

> buy Marcus Rashford

that would strengthen Man Utd :D

Re: Clockwise acquired by Salesforce

#65

Post by pjc50 »

JumpCrisscross wrote: post #39
paxys wrote: post #24

Salesforce has lost half its market cap in the last ~year. Spending time and money to acquire a calendar scheduler shows just how badly they have lost the plot. I know this is an HN meme but can someone look at https://www.getclockwise.com/overview and explain why an internal team couldn't build this in a couple of weeks? And it's not like Salesforce is lacking engineers - they employ 83,000 (!!) people globally.

> Salesforce has lost half its market cap in the last ~year They're also at record revenue [1]. [1] https://investor.salesforce.com/news/news-details/2026/Sales...

Presumably that's why their stock is down. If you want to have a record stock price you've got to be really unprofitable.

Re: Clockwise acquired by Salesforce

#66

Post by steveBK123 »

pjc50 wrote: post #65
JumpCrisscross wrote: post #39

Earlier quoted context omitted.

> Salesforce has lost half its market cap in the last ~year They're also at record revenue [1]. [1] https://investor.salesforce.com/news/news-details/2026/Sales...

Presumably that's why their stock is down. If you want to have a record stock price you've got to be really unprofitable.

Right and do circular investments in your customers

Re: Clockwise acquired by Salesforce

#67

Post by quietsegfault »

singron wrote: post #29

I used to work at Clockwise and am (was?) a common shareholder. I'm happy that many employees got to get a job at Salesforce. I'm sure it was tough to swallow some pride and recommend Reclaim, who was our strongest competitor in the space (or at least the one we talked about the most). Reclaim was acquired by Dropbox a while ago, although Dropbox wanted them to continue to run and develop the product there. I also ap…

You did great. It was a product I saw everyone at my company use and love.

Re: Clockwise acquired by Salesforce

#68

Post by Foobar8568 »

oystersareyum wrote: post #33
singron wrote: post #29

I used to work at Clockwise and am (was?) a common shareholder. I'm happy that many employees got to get a job at Salesforce. I'm sure it was tough to swallow some pride and recommend Reclaim, who was our strongest competitor in the space (or at least the one we talked about the most). Reclaim was acquired by Dropbox a while ago, although Dropbox wanted them to continue to run and develop the product there. I also ap…

> If you are looking to start a new company in this space, I'll gladly offer my services to talk you out of it. Why is it so rough etc.?

I am not sure what clockwise is doing, but since calendar was mentionned, basically you need to break into M365, and for most entreprises, why acquiring another tool to manage calendars.

I happened to work for such companies, and the "application owner", and I am really not convinced by the ROI.

The real reason, VIPs didn't want to bother with a computer to manage their calendar, and they (well their assistants) had to organize meetings with 3rd parties.

Re: Clockwise acquired by Salesforce

#69

Post by leosanchez »

pjc50 wrote: post #20
dinamic wrote: post #18

Why would a company acquire the other one just to shut it down?

Other than directly cancelling a competing product, it's usually to acquire the staff. Bit like the football transfer market, but you can buy Marcus Rashford separately without having to buy the whole of Man U.

Man Utd mentioned.

Re: Clockwise acquired by Salesforce

#70

Post by baggachipz »

plasticsoprano wrote: post #19
bombcar wrote: post #5

Interesting tool, but it seems to be more of a feature than a product.

speaking of, Dropbox bought a similar product a couple of years ago https://reclaim.ai/

God, remember when Dropbox was just a folder that syncs[1]?

[1] https://www.quora.com/Why-is-Dropbox-more-popular-than-other...

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