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I'm posting from a throwaway because I have fairly intimate knowledge of Bebop. The reality is that they built and rebuilt several "enterprise" applications an

I'm posting from a throwaway because I have fairly intimate knowledge of Bebop. The reality is that they built and rebuilt several "enterprise" applications and pieces of technology. At one point it was a API based database, and then an application, and the latest iteration was an ATS built on top of their proprietary database. No one at their company could tell me what they actually did because there wasn't an aligned vision from their management. Alas, they had senior people formerly from VMWare and Diane Green at the helm. The company existed for roughly 2 years and wasn't able to actually produce customer working software from what I could tell. The acquisition was a straight up acquihire to get senior enterprise software folks on board to help build Google's presence there.

tyingq 11y ago
What is "an ATS"? Applicant tracking system? Above top secret? Can you share roughly how many employees would have come in the aquihire? $380M is a big number.
- samstave 11y ago
  Interesting that Diane is donating her $148MM - why pay that much to acquire her if it's going to be just donated? Not that there is anything wrong with that, it's just curious.
  - deleted 11y ago
    [deleted]
    - dreaminvm 11y ago
      Source? VMware was sold for $625M to EMC, so unless Diane and partner had a hidden company worth 20-30 billion, the math doesn't add up.
      - djloche 11y ago
        Fortune.com 2007 article: >"Greene has run VMware since founding it in 1998 with her husband, Mendel Rosenblum. She sold the company to EMC in 2004 for $625 million, then stayed on to continue running it. Still majority-owned by EMC but spun off in an August IPO, VMware is the fastest-growing and most influential enterprise software company Silicon Valley has seen in a decade - and worth a cool $26 billion."
  - boomzilla 11y ago
    I think she is already wealthy enough from the VMW IPO (if not even before that). At this time, she's probably more concerned with her long term legacy, so putting this money into a charity account (DAF) is probably the best decision. The money gets to be invested tax free, and she still has the full option of what to do with it later when she's got more time and/or opportunities.
    - samstave 11y ago
      Isn't this exactly what the Zucks are doing with they wealth?
  - spacecowboy_lon 11y ago
    Or if she really wanted to be charitable distribute her shares to the rank and file employees before the sale via an EBT (assuming the USA has such a thing)
    - samstave 11y ago
      That would have been epic PR - but considering they may all land jobs at Google - I doubt these guys are suffering financially themselves
      - spacecowboy_lon 11y ago
        The USA is not like the EU where TUPE applies and every one moves over to the acquiring company. And should not all the employees share in the windfall equally (sorry if thats a bit socialist for HN)
- strictnein 11y ago
  An ATS is typically an Applicant Tracking System.
nodesocket 11y ago
I applaud Diane for her generous donation, but what about the investors and employees who basically got a huge payday from their rich uncle Google? It's hard to feel like this is not a rigged system.
eitally 11y ago
As someone with almost 15 years experience developing and managing developers of enterprise applications (internally, within a large IT organization), I can say somewhat authoritatively that no one wants clicky-draggy app builders. No one wants Oracles or SAPs, either, but there is a relatively inexpensive, logical middle ground. The kinds of Bebopy things that have succeeded (I guess, not knowing any financial details) are usually in the high-6, low-7 figures to license, and then you still need to build out your dev & support teams (thinking of things like PEGA Systems, for example). The other option includes things like the various BPMN platforms & front ends, but that only handles workflow apps. This is why companies like Capriza & similar have been successful: they screen scrape & leverage public APIs to let devs easily build mobile UIs on top of legacy enterprise cruft. The cruft still exists, but it's hidden. Win-win (except for the cost-containing CIO). This was a long winded way of saying Google could have done a much better job of smartly hiring senior enterprise software folks.

tyingq 11y ago

What is "an ATS"? Applicant tracking system? Above top secret? Can you share roughly how many employees would have come in the aquihire? $380M is a big number.

samstave 11y ago
Interesting that Diane is donating her $148MM - why pay that much to acquire her if it's going to be just donated? Not that there is anything wrong with that, it's just curious.
- deleted 11y ago
  [deleted]
  - dreaminvm 11y ago
    Source? VMware was sold for $625M to EMC, so unless Diane and partner had a hidden company worth 20-30 billion, the math doesn't add up.
    - djloche 11y ago
      Fortune.com 2007 article: >"Greene has run VMware since founding it in 1998 with her husband, Mendel Rosenblum. She sold the company to EMC in 2004 for $625 million, then stayed on to continue running it. Still majority-owned by EMC but spun off in an August IPO, VMware is the fastest-growing and most influential enterprise software company Silicon Valley has seen in a decade - and worth a cool $26 billion."
- boomzilla 11y ago
  I think she is already wealthy enough from the VMW IPO (if not even before that). At this time, she's probably more concerned with her long term legacy, so putting this money into a charity account (DAF) is probably the best decision. The money gets to be invested tax free, and she still has the full option of what to do with it later when she's got more time and/or opportunities.
  - samstave 11y ago
    Isn't this exactly what the Zucks are doing with they wealth?
- spacecowboy_lon 11y ago
  Or if she really wanted to be charitable distribute her shares to the rank and file employees before the sale via an EBT (assuming the USA has such a thing)
  - samstave 11y ago
    That would have been epic PR - but considering they may all land jobs at Google - I doubt these guys are suffering financially themselves
    - spacecowboy_lon 11y ago
      The USA is not like the EU where TUPE applies and every one moves over to the acquiring company. And should not all the employees share in the windfall equally (sorry if thats a bit socialist for HN)
strictnein 11y ago
An ATS is typically an Applicant Tracking System.

nodesocket 11y ago

I applaud Diane for her generous donation, but what about the investors and employees who basically got a huge payday from their rich uncle Google? It's hard to feel like this is not a rigged system.

eitally 11y ago

As someone with almost 15 years experience developing and managing developers of enterprise applications (internally, within a large IT organization), I can say somewhat authoritatively that no one wants clicky-draggy app builders. No one wants Oracles or SAPs, either, but there is a relatively inexpensive, logical middle ground. The kinds of Bebopy things that have succeeded (I guess, not knowing any financial details) are usually in the high-6, low-7 figures to license, and then you still need to build out your dev & support teams (thinking of things like PEGA Systems, for example). The other option includes things like the various BPMN platforms & front ends, but that only handles workflow apps. This is why companies like Capriza & similar have been successful: they screen scrape & leverage public APIs to let devs easily build mobile UIs on top of legacy enterprise cruft. The cruft still exists, but it's hidden. Win-win (except for the cost-containing CIO). This was a long winded way of saying Google could have done a much better job of smartly hiring senior enterprise software folks.