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Atlassian is acquiring The Browser Company

(www.cnbc.com)
520 points kevinyew | 1 comments | 04 Sep 25 12:12 UTC | HN request time: 0s | source
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thor-rodrigues ◴[04 Sep 25 16:27 UTC] No.45129033[source]▶
I’m not sure whether I find it more worrisome or fascinating that we live in a world where a company that, as far as I know, has never generated a single dollar in revenue has managed to exist for over five years, employ more than 100 people, and still get acquired for this amount.

This isn’t criticism or sarcasm — I’m genuinely impressed, but also very curious about the rationale behind it.

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darth_avocado ◴[04 Sep 25 16:54 UTC] No.45129368[source]▶
There are some businesses that are simply not viable without losing money first. SpaceX cannot generate revenue until it first employs hundreds of people for a few years (maybe a decade) where they focus on building what will eventually bring revenue. Software has those problems too.
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anon191928 ◴[04 Sep 25 17:12 UTC] No.45129608[source]▶
yeah and what makes them different compared to half baked fraud startups with no revenue ? most of the world would not believe that they will bring revenue in years?
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1. darth_avocado ◴[04 Sep 25 18:17 UTC] No.45130420[source]▶
That’s like the point of venture capitalism and to a certain extent all entrepreneurial endeavors. You could start a T-shirt printing company (a completely viable business) and not see any revenue come in for months.