4 ms·

> bootstraped i think they got a big injection when yahoo bought them, tried to dogfood in lieu of exchange, failed and sold for pennies back to the founders

sverhagen 3y ago
Of course I didn't know that, but if true, that's wonderful. I am saddened by the ongoing destruction of value when a decent product or company is acquired, and then shuttered because it's not quite the juggernaut the acquirer expected it to be, or because there's some unforseen misalignment, even though this company was a viable business. Selling it back is a great solution, instead of doing a write-off where the company is destroyed.
rathish_g 3y ago
When did this happen? I just couldn't find any links. Is it Zoho or Zimbra?
- 1024core 3y ago
  I think they're confused. It was Zimbra.
avighnay 3y ago
I dont think Zoho was ever acquired. They were and are still are a private company with no external investments. Interestingly the confusion seems to be with Zimbra and here is a blog post on Zimbra acquisition by Zoho themselves. https://www.zoho.com/blog/general/the-real-cost-of-acquisitions-the-zimbra-story.html https://www.zoho.com/blog/general/the-real-cost-of-acquisiti...
venkynezy 3y ago
Yahoo tried to acquire Zoho. But, Zoho denied the offer from yahoo
pandorasbox 3y ago
I think you're confusing Zoho for Zimbra. Zoho was never bought and they intend to stay private. In fact, the co-founder is very vocal about it.
- drewda 3y ago
  I haven't heard the name Zimbra in a long time... I had mixed experiences administering a deployment of that :) Anyway, thanks to this and the other comments reminding me to read up at https://en.wikipedia.org/wiki/Zimbra https://en.wikipedia.org/wiki/Zimbra
tejasgadhia 3y ago
I believe you have Zoho confused with another company. Zoho has never taken any outside investments and has always been bootstrapped. There are countless articles about Zoho being bootstrapped online as well as on Zoho’s web pages. Disclosure: I work for Zoho. https://www.zoho.com/aboutus.html#:~:text=a%20private%20company%20with%20a%20public%20vision https://www.zoho.com/aboutus.html#:~:text=a%20private%20comp... https://www.zoho.com/25/values-convictions/#:~:text=we've%20been%20bootstrapped%20and%20profitable%20from%20day%20one https://www.zoho.com/25/values-convictions/#:~:text=we've%20... https://www.zoho.com/ourstory.html#:~:text=our%20decision%20not%20to%20take%20venture%20capital%2C%20not%20to%20go%20for%20an%20ipo%2C%20and%20not%20to%20be%20acquired%20has%20given%20us%20immense%20freedom https://www.zoho.com/ourstory.html#:~:text=our%20decision%20... https://x.com/svembu/status/1279622800303509504 https://x.com/svembu/status/1279622800303509504
darkstar_16 3y ago
I don't think that's Zoho. Yahoo acquired Zimbra.

sverhagen 3y ago

Of course I didn't know that, but if true, that's wonderful. I am saddened by the ongoing destruction of value when a decent product or company is acquired, and then shuttered because it's not quite the juggernaut the acquirer expected it to be, or because there's some unforseen misalignment, even though this company was a viable business. Selling it back is a great solution, instead of doing a write-off where the company is destroyed.

rathish_g 3y ago

When did this happen? I just couldn't find any links. Is it Zoho or Zimbra?

1024core 3y ago
I think they're confused. It was Zimbra.

avighnay 3y ago

I dont think Zoho was ever acquired. They were and are still are a private company with no external investments. Interestingly the confusion seems to be with Zimbra and here is a blog post on Zimbra acquisition by Zoho themselves. https://www.zoho.com/blog/general/the-real-cost-of-acquisitions-the-zimbra-story.html https://www.zoho.com/blog/general/the-real-cost-of-acquisiti...

venkynezy 3y ago

Yahoo tried to acquire Zoho. But, Zoho denied the offer from yahoo

pandorasbox 3y ago

I think you're confusing Zoho for Zimbra. Zoho was never bought and they intend to stay private. In fact, the co-founder is very vocal about it.

drewda 3y ago
I haven't heard the name Zimbra in a long time... I had mixed experiences administering a deployment of that :) Anyway, thanks to this and the other comments reminding me to read up at https://en.wikipedia.org/wiki/Zimbra https://en.wikipedia.org/wiki/Zimbra

tejasgadhia 3y ago

I believe you have Zoho confused with another company. Zoho has never taken any outside investments and has always been bootstrapped. There are countless articles about Zoho being bootstrapped online as well as on Zoho’s web pages. Disclosure: I work for Zoho. https://www.zoho.com/aboutus.html#:~:text=a%20private%20company%20with%20a%20public%20vision https://www.zoho.com/aboutus.html#:~:text=a%20private%20comp... https://www.zoho.com/25/values-convictions/#:~:text=we've%20been%20bootstrapped%20and%20profitable%20from%20day%20one https://www.zoho.com/25/values-convictions/#:~:text=we've%20... https://www.zoho.com/ourstory.html#:~:text=our%20decision%20not%20to%20take%20venture%20capital%2C%20not%20to%20go%20for%20an%20ipo%2C%20and%20not%20to%20be%20acquired%20has%20given%20us%20immense%20freedom https://www.zoho.com/ourstory.html#:~:text=our%20decision%20... https://x.com/svembu/status/1279622800303509504 https://x.com/svembu/status/1279622800303509504

darkstar_16 3y ago

I don't think that's Zoho. Yahoo acquired Zimbra.