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Clockwise acquired by Salesforce

getclockwise.com

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Re: Clockwise acquired by Salesforce

#81
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.

> "Spending time and money to acquire a calendar scheduler shows just how badly they have lost the plot."

It sounds like Clockwise was pretty good at what they did, perhaps even the best in its class. Salesforce presumably sees a need for these advanced scheduling features in it's own products, and they figure they can get them more quickly, more cheaply, and with lower risk by acquiring an already-built technology and team. ie: it's an "acquihire".

But it's not like this is a one off. Salesforce has spent over $10 billion on acquisitions in just the last 6 months!

Re: Clockwise acquired by Salesforce

#82
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…

Hey, Rise founder here and the one that wrote the sunsetting post–thanks for mentioning it. We obviously followed Clockwise closely and I actually had a great chat with Matt post-shutdown. Can only have respect for how long Clockwise managed to exist and for the way they now handle the shutdown (indeed not handing over that data is a classy move).
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