Acquired7 Nov 2017

Episode 47: The Atlassian IPO

Ben & David venture to the land down under (and reunite in-person!) to tell the story of the granddaddy of all bootstrapped tech success stories, collaboration software company Atlassian. How did two plucky college grads from Sydney, Australia go from just trying to escape working for the man to becoming two of the top 10 wealthiest people in the entire country, all without raising a dollar of venture capital? We dive in.

Sponsors:

Sentry: https://bit.ly/acquiredsentry
WorkOS: https://bit.ly/workos25
Anthropic: https://bit.ly/acquiredclaude25
Statsig: https://bit.ly/acquiredstatsig26

More Acquired!

Get email updates with hints on next episode and follow-ups from recent episodes
Join the Slack
Subscribe to ACQ2
Merch Store!

Topics Covered Include:

How Atlassian founders Mike Cannon-Brookes and Scott Farquhar met in college at the University of New South Wales in Sydney, Australia, and their decision to bootstrap a startup as an alternative to finding a “real job” after graduation
Atlassian’s “no sales” model, and the resultant efficiency of their sales & marketing spend relative to other SAAS companies
Organic product growth and acquisitions over the years, starting with Jira and later adding Confluence, BitBucket, HipChat / Stride, Jira Service Desk and Trello
Rapid revenue growth and the decision to continue as a bootstrapped company, only raising secondary capital prior to going public
The IPO in November 2015 and subsequent stock performance (spoiler: it’s been good)

The Carve Out:

Ben: Phil Knight’s memoir, Shoe Dog
David: Bruce Springsteen memoir, Born to Run

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(213)

Platforms and Power (with Hamilton Helmer and Chenyi Shi)

We sit down once again with one of the world’s very best strategy thinkers, 7 Powers author Hamilton Helmer — this time joined by his impressive Strategy Capital colleague Chenyi Shi — to discuss plat...

6 Apr 20221h 24min

Nvidia Part I: The GPU Company (1993-2006)

He wears signature leather jackets. He can bench press more than you. He makes cars that drive themselves. He’s cheated death — both corporate and personal — too many times to count, and he runs the 8...

28 Mar 20222h 1min

Altimeter (with Brad Gerstner)

We hear a lot these days about hedge funds becoming venture firms, and venture firms becoming hedge funds. But a decade before either of those approaches became mainstream, a tiny $3m fund in Boston n...

15 Mar 20221h 54min

SONY

Born in the unlikeliest of places — the terrible, wasteland-like aftermath of post WWII Japan — Sony rose to capture the imaginations (and wallets) of consumers and engineers around the world. The com...

7 Mar 20223h 3min

Super Pumped (with Brian Koppelman and Joseph Gordon-Levitt)

We sit down with two of the most talented and respected people in Hollywood — Brian Koppelman and Joseph Gordon-Levitt — to talk about the process of adapting Mike Issac’s story of Uber, “Super Pumped...

22 Feb 20221h 4min

The Browser (with Brendan Eich, Chief Architect of Netscape + Mozilla and CEO of Brave)

We sit down with perhaps the only person besides Marc Andreessen who’s had a major influence on each of the Web 1, 2 and 3 eras: Brave Browser CEO (and former Netscape + Mozilla Chief Architect) Brend...

15 Feb 20221h 43min

Peloton

The Peloton journey has been one seriously wild ride. From can’t raise money to one of Tiger Global’s first venture investments, to pandemic darling to the stock being down 85% in 6 months... there’s ...

10 Feb 20222h 20min

Taylor Swift (Acquired’s Version)

Not only is Taylor Swift the biggest music artist of our generation by nearly every metric (it’s not even close!), with the re-recording of her original albums she’s in the process of reshaping the en...

23 Jan 20222h 39min