4 ms·
How can Atlassian LOSE money on this level of revenues, in this market, with the combination of their tools and shifts in usage... after this long? They used t
by ticmasta 6y ago
How can Atlassian LOSE money on this level of revenues, in this market, with the combination of their tools and shifts in usage... after this long?
They used to be a small, privately controlled company with focused yet ambitious goals and an audacious vision (Build a company that will last 100 years). Then ~10 years ago they took a butt load of money, pushed big towards US enterprise and acquired what appears (to me anyway) a random set of companies that looked good at a specific market/time period but have largely faded away?
I find it quite mind boggling; there must be something going on beyond what I can see.
- originalvichy 6y agoThey are taking hits and trying to pivot by forcing users to cloud as much as they can. They have first class tools for many parts of the dev lifecycle (their CI server is crappy) and soon they’ll make cloud saas versions of them cheaper so they can control your org’s dev cycle. It’s a slow strategy but i can’t see it not working