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Well, I can't help but be curious, what was the acquisition price?
by auston 15y ago
Well, I can't help but be curious, what was the acquisition price?
- pud 15y agoWe decided not to disclose acquisition price. I don't remember why we decided that. I guess it's like telling people your salary -- just a thing people generally don't do. I think that'll change one day tho as stuff becomes more public.
- blakeperdue 15y agoI'm curious why mailchimp made the acquisition. Your service is simple and works well; it wouldn't be hard for mailchimp to build it themselves. Was the acquisition to get your user base, or to get you to come work for them to build out their newsletter service?
- pud 15y agoI don't want to speak for MailChimp (read their blog post for that). But basically, they like TinyLetter. TinyLetter likes MailChimp (srsly, the email business can be slimy as hell but they're totally legit, upstanding, & everyone knows it). TinyLetter has a good brand and a decent amount of users (roughly 500,000 people subscribed to 30,000 newsletters). Both companies recognize an opportunity that we think is large, and buying TinyLetter gives them a head start. I'll be helping advise TinyLetter for a while, and we both really wanted to work together. So basically, for these reasons and more, it just "made sense," if that makes sense.
- petervandijck 15y agoYep, that makes sense :)