Atlassian is 20 years old and unprofitable

Re:Atlassian is 20 years old and unprofitable by stack_framer on Thursday June 30, 2022 @06:12AM (#31930552)

> revenue for the past nine months grew from US$1.5 billion to US$2.04 billion ($2.95 billion) (or around 24%).

Forgive my math skills at 4:07 in the morning, but isn't that actually 36% growth?

> Atlassian’s legacy Jira product ... is no longer loved by developers.

As a developer I prefer Jira over every alternative I've tried (Clubhouse, Trello, GitHub Issues, and Monday.com).

> users can switch to a competitor product like Asana, Basecamp or Monday.com with minimal cost (other than the initial hassle of switching to a new system).

That seems like a pretty big hassle though. My company is way too busy to undertake switching ticketing systems.

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Re:Atlassian is 20 years old and unprofitable by rigelbm on Thursday June 30, 2022 @06:26AM (#31930645)

> As a developer I prefer Jira over every alternative I've tried (Clubhouse, Trello, GitHub Issues, and Monday.com).

I also prefer JIRA, but that doesn't mean I love it. It just so happens to be the only available product with most of the features I need.

That being said, its UX is beyond terrible. The moment something else appears that covers some significant portion of its feature set, I can see a lot of people making the switch.

I think one of the biggest problems of competitors is to think that JIRA is bad because it's complex. Therefore they position their offerings as a simpler slim down version of JIRA.

Big news: it is complex to manage complex projects. JIRA has, I think, the right level of complexity and flexibility to tackle that.

If any competitor reads this message: please, go complex!

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Re:Atlassian is 20 years old and unprofitable by fnord123 on Thursday June 30, 2022 @10:04AM (#31932472)

> Forgive my math skills at 4:07 in the morning, but isn't that actually 36% growth?

Yes, (2.04-1.5) / 1.5 = 0.36

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