Atlassian IPO

#1

Post by danhsh » Mon, Sep 28, 2015, 1:50 AM UTC

Re: Atlassian IPO

#2

Post by nness » Mon, Sep 28, 2015, 2:12 AM UTC

> 'The best thing Atlassian could have done for the local sector would have been to list in Australia'

It is my understanding that, and in the layman's terms I understand it, the Australian taxation system is not well suited for IPO's like this, as you are taxed at the time you acquire the shares and again when you sell them.

Plus, an US IPO makes far more sense, given that Atlasssian's biggest clients aren't in Australia.

Still, somewhat sad for Australia's tech industry.

Re: Atlassian IPO

#3

Post by scottm30 » Mon, Sep 28, 2015, 6:06 AM UTC

Good for them. Incredible success, all without a single salesperson.

I've often wondered, and I know HN can educate me on this - did Atlassian create Agile or are they just big supporters of it?

Re: Atlassian IPO

#4

Post by broodbucket » Mon, Sep 28, 2015, 6:22 AM UTC

scottm30 wrote: post #3

Good for them. Incredible success, all without a single salesperson. I've often wondered, and I know HN can educate me on this - did Atlassian create Agile or are they just big supporters of it?

They didn't create agile, but I'd say that their products are a large reason why agile methodology caught on in mid-to-large businesses.

Companies are hearing about agile, and then Atlassian offers a series of products that enable it, that work well together and are decently flexible. I've been through some companies that are just wall-to-wall Atlassian products.