4 ms·
Algolia is a great product. However, the market is very very tough here. The problem here is consolidation: all big customers (successful websites) will end u
by tlogan 9y ago
Algolia is a great product.
However, the market is very very tough here.
The problem here is consolidation: all big customers (successful websites) will end up being part of mega-corporations (Amazon, Microsoft, Google, Salesforce, etc.). And all these companies have their own search engine (which they use for other machine learning, etc. - not just search). For example, Twitch will probably switch to Amazon A9.
So the question here is: what is the game plan to return this $53M? Acquisition?
- Spivak 9y agoI mean Twitch has been passed between two giants and they're still using Algolia.
- tlogan 9y agoJust FYI: https://www.a9.com/careers/ https://www.a9.com/careers/ Algolia is better so they need to stick with it. But Amazon will get there... But if Amazon finds out that writing code is harder then writing a check they will write the check. But they are still trying.
- avarun 9y agoTwo giants? As far as I'm aware, they've only ever been owned by Amazon or private.
- strictnein 9y agoYeah, it was basically Justin.tv which morphed into Twitch and was bought by Amazon.
- sbarre 9y agoThey might be referring to the one-time-rumored acquisition by YouTube, before Amazon actually closed the deal.
- justin 9y agoThis is correct
- deleted 9y ago[deleted]
- haburka 9y agoI wouldn't assume that any SaaS requires the big 4 to be their customers to qualify for a high evaluation. Users are used to search that's incredibly smart thanks to Google and it is an extreme technical challenge to roll your own smart search. Many mid size and small companies would save tons of money by buying it from someone else.
- searchtaway 9y agoWhere does this put Algolia's valuation at ?