4 ms·
That was posted in 2011, is there an update? In my opinion such structures make it difficult to raise funding, and in highly fluid markets such as the one Balsa
by aub3bhat 11y ago
That was posted in 2011, is there an update? In my opinion such structures make it difficult to raise funding, and in highly fluid markets such as the one Balsamiq operates in, a well funded competition can easily crush you. I have seen several employee owned companies in Healthcare Policy/Research (E.g. Mathematica Policy or SSS), where they are funded by a constant stream of government contracts/grants which are intimately tied to the company and with very low probability of a competitor winning them.
- patio11 11y agoa well funded competition can easily crush you Who crushed Balsamiq? <spoiler>Nobody.</spoiler>
- aub3bhat 11y agoConsidering it is cash-positive small company, someone might be crushing them and we would have no way to know. It seems the flurry of positive press that they were getting seemingly ended in 2012 ~ 2013. Not that it reflects as an evidence towards their impending demise, but there is little evidence to contrary. Even with a company that has ideal/fair distribution of profit, the inherent smaller size translates into a higher risk.
- justinclift 11y agoAlso note their product is/was based on Adobe Flash (now Air?), which is increasingly unpopular, if not being phased out in many places due to it's terrible security record.
- balsamiq 11y agoNot for long... ;)
- justinclift 11y agoThat's excellent news. :)
- balsamiq 11y agoI think if someone would be crushing us, we'd find out pretty quickly, as our sales would decline. So far, they've done just the opposite. Here's my latest yearly status update: https://blogs.balsamiq.com/team/2016/02/05/looking-back-at-2015/ https://blogs.balsamiq.com/team/2016/02/05/looking-back-at-2... - with revenue charts! :)
- justinclift 11y agoReading through that, the "native HTML/JS editor" is welcome information. The "We started the year by building a proof-of-concept application on Windows, Mac, Linux, Android, iOS, and HTML/JS." is good for Linux support. Any chance of BSD support as well? :)
- balsamiq 11y agoHi there! Peldi from Balsamiq here. The profit sharing program is one of our most successful policies. The only update it required since 2011 is that we raised the percentage of profits to be shared from 10 to 15%, and we might raise it again in the future as we have more and more employees.
- dhimes 11y agoThis is excellent. Thank you.