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Does anyone here understand the rationale of buying a To-do app company for $100 million and then killing it?
by skrebbel 10y ago
Does anyone here understand the rationale of buying a To-do app company for $100 million and then killing it?
- coldtea 10y ago$100 million for them are like $1K for you. So it's not like they are particularly frugal (or need to be) with those. For what they paid, they got a team that knew how to build a To-Do app, what the challenges are, and how to scale it. So they bought not having to deal with a dev team that is building a to-do app for the first time. They also got some existing users (which will migrate) for free, but I don't think they care for that.
- skrebbel 10y agoWell $1K is a lot of money for me :-) But ok, I see your point. Thanks!
- tptacek 10y agoWunderlist is perhaps the only shared to-do list application that actually works. I don't know about 100MM, but it's an important application --- which is why there's a pretty substantial thread here about MSFT killing it off.