> 1. Trello was smart in only taking $10M in VC funding
Trello wasn't "smart" for only taking $10M in funding (and only in one, late, round, which means it only gave away probably 20-30% equity.)
Trello happened to be spun off from an established company, which took care of financing initial product development and growth. This is equivalent to the founders financing maybe a $1.5M round and a $4M round from their own pocket.
Don't try to beat Trello's benchmark in funding strategy, unless you happen to be able to finance the first few rounds from your own pocket.
> 2. Atlassian now has a product that [.] will easily be interegrated into their existing stack and it complements their products very well.
Atlassian would be wise to keep this integration from being too tight. Trello shines as the most general project management tool out there (except maybe a spreadsheet, although that is the one thing I can't bear to do with a spreadsheet), and if it became a developer-centric collaboration tool I for one would probably stop using it, even for collaboration among developers.
Trello wasn't "smart" for only taking $10M in funding (and only in one, late, round, which means it only gave away probably 20-30% equity.)
Trello happened to be spun off from an established company, which took care of financing initial product development and growth. This is equivalent to the founders financing maybe a $1.5M round and a $4M round from their own pocket.
Don't try to beat Trello's benchmark in funding strategy, unless you happen to be able to finance the first few rounds from your own pocket.
> 2. Atlassian now has a product that [.] will easily be interegrated into their existing stack and it complements their products very well.
Atlassian would be wise to keep this integration from being too tight. Trello shines as the most general project management tool out there (except maybe a spreadsheet, although that is the one thing I can't bear to do with a spreadsheet), and if it became a developer-centric collaboration tool I for one would probably stop using it, even for collaboration among developers.