bookmark_borderAtlassian’s Strategic Acquisitions

Atlassian’s been on a buying spree again, snapping up smaller startups to bolster its ecosystem of collaboration and workflow tools. I’ve always admired how Atlassian takes a measured approach to acquisitions—integrating them in ways that augment Jira, Confluence, and Trello without bloating the product suite.

I saw a piece in VentureBeat detailing Atlassian’s latest purchase: a company specializing in AI-driven analytics. If they can bake advanced analytics and predictive capabilities directly into Jira workflows, that’s a potential game-changer for project management. Teams could spot bottlenecks before they happen, measure productivity more accurately, and drive better decision-making.

This move also keeps Atlassian competitive in a space where AI features are becoming table stakes. Microsoft, Google, and other big players are incorporating machine learning into their software solutions, so it’s smart for Atlassian to build or buy that expertise.

From an investment perspective, the company has shown prudent growth strategies. They rarely overspend, and their acquisitions are often made with a long-term integration plan. That synergy, plus Atlassian’s core focus on collaboration, means they’re likely to keep their edge in agile development and workplace productivity. I’m doubling down on my position, anticipating that these strategic plays will pay off as more companies embrace the hybrid-remote work model.

bookmark_borderTumblr <> WordPress

Tumblr was purchased six years ago by Yahoo for $1.1B. Verizon sold it yesterday to Automattic (parent of WordPress) for a (rumored) $3 million.

A couple of thoughts on this –

  • I’m still unsure of what NYC’s best tech success story is. Tumblr does not appear to be it

I’m delighted to announce that we’ve reached an agreement to acquire Tumblr!

We promise not to screw it up.

– Marissa Mayer, Yahoo, 2013

https://yahoo.tumblr.com/post/50902111638/tumblr-yahoo
  • Marissa Mayer did not live up to her quote here. CEOs are paid to make big, bold moves. A CEO should never promise an acquisition will remain independent (spoiler alert, it won’t) or that they won’t screw it up. They may screw it up, they will PROBABLY screw it up, they’re taking a chance, especially when the business isn’t profitable.
  • Automattic is Tumblr’s perfect home. At 3 million bucks, it doesn’t have to bend its back (and comprise the product) to make their money back. Automattic is king of the blogging game.
  • My two cents – stop being a puritan and bring the porn back. Don’t sell ads, empower bloggers (and porn bloggers) to make money via subscriptions. Make Tumblr a player in the newsletter game.