And oh crap, one of my favorite startup quotes was "Nobody got rich making a Todo list App." That is in danger of being falsified :-)
It is interesting to consider Microsoft's putative strategy here which is that the mobile "OS" is still searching for the right mix of capabilities to completely replace laptops.
Ehh, Yahoo bought Astrid a while ago and closed it. The price wasn't announced, but I imagine they did well. My heart still pangs for the long-dead Astrid app, and I'm just that much less likely to use any Yahoo service because of that murder.
A case in point is Acompli. It was an android app that I absolutely love and after Microsoft acquired them, I was scared that they will discontinue the app but they simply rebranded the Acompli app as the Microsoft Outlook for Android app and only did minor tweaks to the application.
I wouldn't be surprise if they integrate all their recent acquisitions into a full PDA-suite of applications for your mobile.
They just bought a Mail, Calendar, and Tasks app. They have OneNote, and Folders and Shortcuts don't translate into apps. Looks like they still need a People app to manage contacts better.
1) Make Todo list App.
3) Sell to Micro$oft!
James Duncan Davidson had left SF to work in Berlin for Wunderlist a year or so ago, so is part of the team that was acquired.
For those not familiar with the name, he was quite famous for us working in Java land back in the day. He worked at SUN and created the first versions of Tomcat and Ant.
He was also an O'Reilly author, with books such as Learning Cocoa with Objective-C, Cocoa in a Nutshell (and also wrote the Agile Web Development with Rails book for the the Pragmatic Programmers editions).
He's also quite famous as a photographer (his other job), covering many O'Reilly conferences, Apple events, TED and such. Some very iconic tech related pictures from such events are his.
[EDIT] Another thing I don't see mentioned. This is not just a TODO list app. It's more of like MS buying their own "Slack".
!gn "Microsoft Buys German To-Do List Startup 6Wunderkinder"
(!gn is the Google News !bang)
The person who submitted the article still had some of the referrer links, mod=yahoo_hs&ref=yfp was at the end of the article's URL submission.
They first reach out for some kind of "we're looking to do something in this space and wanted to discuss working with you". Our first conversation was along the lines of "We're not sure whether we're going to build this, partner with someone or buy something. Keen to find out more about what you guys are doing and see if we can work together".
Next meeting it went to "We're clearly not going to build this ourselves, and it doesn't make sense to partner but let's talk about what it would look like if we acquired you. How do you think your tech/team would work inside our company".
Took maybe 6 meetings in total to get to a price though we probably could have forced that sooner.
Almost everything they could have seen as a user of our app but a few things that were admin functions.
A bunch of it they could have used to build their own app but we figured that was pretty unlikely.
They asked for a few things we did disclose like:
- team size / locations / education
- revenue (we didn't need to disclose but we did)
They also asked for a few things we didn't disclose like:
- cap table
- how much we had raised
- what our last valuation was.
We kept it on a need to know basis - the above is irrelevant to them pricing the company.
I think they needed it more than us to be honest, they were effectively opening up their corporate roadmap to us for what is now a publicly traded company. We were talking to competitors of theirs who we could have shared this insight with which would have done more harm than them taking any of our IP.
Source: Reading many articles
I also think Tempo is head and shoulders above Sunrise after spending significant time with both. I can't find the value in a calendar app that lacks the ability to dial a conference call number in 2015.
Maybe time to pick up some stock hah they seem to be making succesful purchases that make sense vs "diworsification"
Looks like they are making a strong play to compete with Siri/Google Now which will be critical to the future of these big tech corps. Once AI gets better, everyone will want a 'smart assistant' helping them organize their day.
That will likely heavily influence which OS customers choose in the future as the data sensors need to sync across platforms to be really effective (desktop->mobile->watch->car etc).
I find OneCloud to be very smooth: I only have a 128GB SSD drive on my old MacBook Air and the selective sync lets me keep most of my videos, pictures, backups, etc. offline.
I don't use Office on the Android too much, but it seems OK enough.
BTW, I went with Office 365 as a price/cost decision. For $99/year my wife and I both get 1 TB of cloud storage, and if we want them the latest office suite. We both just use the web versions of the Office 365 apps on out MacBook Airs though.
EDIT: a bonus: the web based Office 365 apps are very useful on my Linux laptop - I stopped using Libre Office.
On OS X the OneDrive client had problems synchronizing my 80 GB archive - refused to synchronize files containing characters not accepted on Windows (like ":"), crashed several times and it was also saturating my network bandwidth. To make matters worse, OneDrive doesn't have basic functionality, like a log of what happened (files added, removed), let alone a 30 days version history. So I have to trust that their shitty client is doing the right thing.
The way I see it - yes, the Family pack is cost effective, but I'll never store 1 TB of my data on OneDrive without having logs, versioning and a client that does not suck for both OS X and Linux. I also think people get to be irrational about pricing - the price of 1 TB on Dropbox or Google Drive is as much as 2 Starbucks coffees.
On Android, Office wasn't available for my Nexus 6 (Android L) until 2 or 3 weeks ago when it was finally released. Gave it a try and it's too bare-bones, plus it had problems displaying documents from work. I expected it to work well as a viewer, but it doesn't.
I used to be a very happy Dropbox paying customer but I did not like their hiring of C. Rice to their board of directors.
edit: thanks for the good reply to my comment.
(Which is completely different than the old Windows Mobile brand, obviously)
An interesting play from Microsoft. I wonder if it's one individual within the company who is pushing in this space. I also wonder if they will shutter both companies and integrate, or do what Facebook did with Instagram etc.
I'm dumbfounded with this.
How many users did the app have?
Granted it's a more than a TODO list. But it looks like an exorbitant amount of money for it.
So, yeah, I guess it's not that outrageous, even if it is "just" a todo list app (it's a pretty nice one, though; I use it and mostly really like it).
10 Million active users? Or like me, installed it, abandoned it; like most todo apps.
They've gotta be expecting some kind of value out of this. The theory that Microsoft is trying to buy their way into being relevant in the mobile market seems pretty sound, especially based on other announcements, investments and acquisitions they've made recently.
But, yeah, you're probably right about options being a big part of the price, but Microsoft options are still pretty valuable. Almost as good as real money.
Anyway does anyone know approximately how many users this app had? Seems like a pretty rich valuation for a to-do list app.
Maybe subscriptions lead to higher quality content?
Doesn't follow. It does mean its often get linked in places that I read, but that doesn't mean its good.
> Their competitors, who you're not running in to very often
That was never stated and is an unreasonable assumption.
Just because one isn't running into competitors paywalls (because other sources often don't have such a thing) doesn't mean one is not running into the competitors far more often than the WSJ.
It's also pretty reasonable to believe that they make more money from subscriptions than they would from advertising, and that they're more likely to be able to afford to produce high quality articles with more money than with less.
EDIT: I just emailed the author and it was a mistake. I'm still seeing the old numbers on the site though.
Good luck with that.
However, for one subset of the to-do world (regular habits), I think an app can consistently help. I've been using our beta for a couple of months and have stuck with it. (Link in profile if you're interested.)
I think us pen-and-paper types might finally be swayed when AR/VR is stronger and we can interact with our to-do items quickly in a more organic way - moving them around, easily prioritising, associating sketches, etc.
I wonder what does this entail for users like me? Is MS going to leave the app as it is or is it going to be integrated into something else?
I love it and recommend it frequently. Losing it would be a bummer.
On the flip-side: maybe they'll make a tile for my Microsoft Band now! :)
Sunrise is lagging a bit on the Mac dekstop - it still cannot connect to Exchange - and the mobile first craze is starting to look like desktop becoming a never reached second.
Desktop and mobile integration is where I believe success lies, and hope that Wunderlist (and Sunrise) continue to be universally usable.
Why not support your favourite apps by paying a little so the good folk can continue working on it!
Wunderlist seems like one of many todo list apps: https://www.wunderlist.com/
Taxing the repatriation of funds that have already been taxed (Eg: Apple sells a Mac in germany, it pays taxes on the profits in germany) is punitive and very rare for a country to do.
Most countries actually want money coming into the country from outside- and call it "foreign investment". This money tends to stimulate the economy and benefit everybody.
The USA is neandrathal in its taxation schemes. Leaving money outside the USA is not "evading" taxes, because no taxes were due (the local taxes were already paid). It's simply not enabling the federal governments' attempts to double dip.
Yes, Germany is not a tax haven. However, US multinationals have been avoiding paying taxes in the EU. For example, those profits made in Germany are offset by purely fictitious charges from an entity in Luxembourg or Ireland, so no actual tax is due in Germany. The host countries of those entities negotiate special deals where they also pay essentially no taxes.
So there is no actual "double dipping", most of those profits haven't been taxed, they've been tax-avoided.
@downvoters: even if it's offtopic, see at least the source
Flossing doesn't protect against caries, but can provide some benefits for gum health.
Here's a link: http://www.cochrane.org/CD008829/ORAL_flossing-to-reduce-gum...
They are notifying you that you can get Windows 10 for free. This program lets you do that in a couple clicks and is very convenient.