Re:Asana raises $50M at a $1.5B valuation
by pscarey on Thursday November 29, 2018 @05:55PM
(#18564950)
It's easy to make a (poor) copy of the product. It's hard to execute the idea, take market share, and capture customer revenue.
Asana blogged this year about 50k organisations, 6 quarters accelerating growth [1].
Back in 2015 they blogged mentioning the heating up 'enterprise collaboration market'. There's countless office tools, diagramming tools, collaboration tools. Even in software there's more CI systems than I can count.
My guess is there's a big market which the VCs think is accessible to Asana in a way it's fundamentally not to a competitor. Combined with big growth it makes sense.
Re:Asana raises $50M at a $1.5B valuation
by nerdponx on Thursday November 29, 2018 @07:41PM
(#18565610)
Taiga.io is a pretty good facsimile, but Taiga tries to incorporate too many of JIRA's Agile-related non-features rather than sticking to the basics. There is no good alternative (right now).
Asana blogged this year about 50k organisations, 6 quarters accelerating growth [1].
Back in 2015 they blogged mentioning the heating up 'enterprise collaboration market'. There's countless office tools, diagramming tools, collaboration tools. Even in software there's more CI systems than I can count.
My guess is there's a big market which the VCs think is accessible to Asana in a way it's fundamentally not to a competitor. Combined with big growth it makes sense.
[1] https://blog.asana.com/2018/09/asana-company-updates-2018/