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This is a bit surprising. I even didn't expect Grammarly to have the cash, I used to be a paying customer of theirs when I was writing papers, but apparently wi
by chaosprint 1y ago
This is a bit surprising. I even didn't expect Grammarly to have the cash, I used to be a paying customer of theirs when I was writing papers, but apparently with AI I don't even need the free Grammarly anymore.
- gregorvand 1y agoMaybe someone else can figure this one out better than me - it is interesting Grammarly raised $1bn of debt, basically. And now they're using that cash to buy revenue-generating companies, I assume at a knock-down price as others have speculated. I assume this is one big strategic play on both sides where each need the other for various reasons.
- icey 1y agoThey might have a lot more cash than you'd expect: https://www.grammarly.com/blog/company/grammarly-announces-growth-financing/ https://www.grammarly.com/blog/company/grammarly-announces-g...
- swyx 1y agoand superhuman might be worth less than they raised at - https://x.com/pitdesi/status/1940079704423506401 https://x.com/pitdesi/status/1940079704423506401 (or not, we simply do not know)
- solumos 1y agoThe undisclosed acquisition price/terms implies a down-round exit at best, and a fire sale at worst.
- v3ss0n 1y agoYeah localllms replace that job very nicely.
- nicce 1y agoThey produce convincing text but the grammar is not actually that good. A lot of missing commas, for example.
- rcleveng 1y agoThat was my thought as well, but one of my college age kids still likes Grammarly over just using ChatGPT for grammar checking and rewriting, says it does a better job. Excited to see what they are doing now after the "acquisition" of Coda (seems like a bit of a reverse acquisition or acquihire since they buy Coda and have Coda leadership take over Gramarly.
- FireBeyond 1y agoI would actually agree with that, too. Grammarly certainly isn't perfect (it still occasionally struggles with the nuance of some idioms or proper nouns), but it does better than LLMs (I use MacWhisper with its "CleanUp" AI prompt for dictation). But Grammarly's inline use is actually pretty handy (even in this text box, I pause typing for a moment, and there's a Tab prompt that will auto-edit my text live).