4 ms·

An Almost Acquisition Story

81 points by rywalker 10y ago

serg_chernata 10y ago
Great article and a great reminder to keep your head straight.
julianlaneve 10y ago
really cool article!
maxsavin 10y ago
Nice read. This part cracked me up: 'Interestingly, our CTO, Greg, had a different take: “There’s no way this happens.”'
467568985476 10y ago
This was a fun read, if a little lacking in detail (understandably). I'm curious what they mean by saying AngelPad is the "top ranked accelerator in the world". I've heard similar things about both YC and Techstars, although it seems everyone knows that YC is the premier startup launching program, if only in legacy. Who makes these rankings anyway?
- rywalker 10y ago
  It was ranked #1 by SeedRankings in 2015 when we went through it (http://www.forbes.com/sites/briansolomon/2015/03/17/the-best-startup-accelerators-of-2015-powering-a-tech-boom/#3abd219934e4 http://www.forbes.com/sites/briansolomon/2015/03/17/the-best...). Looks like 2016 dropped to #4, but still an amazing program.
- garry 10y ago
  You'll notice the ranking does not include YC at all in the listing because the researchers were told that YC was opting out of such ranking lists that year. YC remains the premier #1, regardless of list.
  - thaumasiotes 10y ago
    Why would YC wishing to "opt out" of ranking lists be relevant to the ranking lists?
steve_taylor 10y ago
The incredible journey continues.
- eps 10y ago
  Indeed. They got so close to thanking for it though.
a_small_island 10y ago
>"today we are still 100% Astronomer and in no way a part of Romeo’s portfolio. Without going into too much detail, a week after returning from SoCal, the deal was dead." Why write everything before this and then leave the reader hanging at the end? For shame.
- rywalker 10y ago
  Yeah that ending is a bit mysterious. In the end, Romeo decided not to move forward. It wasn't price; just not a great fit. The experience did prompt us to change our back-end from a heavy reliance on AWS services to more standard big data technology: http://www.astronomer.io/blog/sneak-peak-at-our-new-backend http://www.astronomer.io/blog/sneak-peak-at-our-new-backend
deleted 10y ago
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81 points by rywalker 10y ago

serg_chernata 10y ago

Great article and a great reminder to keep your head straight.

julianlaneve 10y ago

really cool article!

maxsavin 10y ago

Nice read. This part cracked me up: 'Interestingly, our CTO, Greg, had a different take: “There’s no way this happens.”'

467568985476 10y ago

This was a fun read, if a little lacking in detail (understandably). I'm curious what they mean by saying AngelPad is the "top ranked accelerator in the world". I've heard similar things about both YC and Techstars, although it seems everyone knows that YC is the premier startup launching program, if only in legacy. Who makes these rankings anyway?

rywalker 10y ago
It was ranked #1 by SeedRankings in 2015 when we went through it (http://www.forbes.com/sites/briansolomon/2015/03/17/the-best-startup-accelerators-of-2015-powering-a-tech-boom/#3abd219934e4 http://www.forbes.com/sites/briansolomon/2015/03/17/the-best...). Looks like 2016 dropped to #4, but still an amazing program.
garry 10y ago
You'll notice the ranking does not include YC at all in the listing because the researchers were told that YC was opting out of such ranking lists that year. YC remains the premier #1, regardless of list.
- thaumasiotes 10y ago
  Why would YC wishing to "opt out" of ranking lists be relevant to the ranking lists?

steve_taylor 10y ago

The incredible journey continues.

eps 10y ago
Indeed. They got so close to thanking for it though.

a_small_island 10y ago

>"today we are still 100% Astronomer and in no way a part of Romeo’s portfolio. Without going into too much detail, a week after returning from SoCal, the deal was dead." Why write everything before this and then leave the reader hanging at the end? For shame.

rywalker 10y ago
Yeah that ending is a bit mysterious. In the end, Romeo decided not to move forward. It wasn't price; just not a great fit. The experience did prompt us to change our back-end from a heavy reliance on AWS services to more standard big data technology: http://www.astronomer.io/blog/sneak-peak-at-our-new-backend http://www.astronomer.io/blog/sneak-peak-at-our-new-backend

deleted 10y ago

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