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Salesforce buys Assistly for $50M in cash

100 pointsby atldevover 13 years ago

12 comments

bentlegenover 13 years ago
What I think is great about this story, is that there's nothing particularly novel about Assistly. They entered a pretty crowded market and made better software. That's it. And they're $50 million richer for it*.<p>Too often we harp on people for building "another [insert existing software]", but there are more success stories here than you'd think.
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talbinaover 13 years ago
No surprise here.<p>The software is practically flawless. I am happy for the team.<p>After using Assistly for thousands of hours it is dead clear to me that a complex product CAN be easy to use and have many features/customizations while being virtually bug free with excellent usability.
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gavanwooleryover 13 years ago
The CEO, COO, and Chief Architect were all my former bosses at Goowy Media back in the day, it is great to see their flawless track record continue! :)
jedbergover 13 years ago
I'm slightly amused by the fact that Salesforce is one of their investors, so they just paid themselves.
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kinkoraover 13 years ago
If you are reading this Assistly dudes, good job!<p>Genuine question for people who had sold their companies: How much does it matter if a deal is made "in-cash"? What does it affect by doing a deal in cash? Does it get bought at a lower price in comparison to an all stock or a mix cash-stock sale? Who determines whether it should be all cash or not?
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bentlegenover 13 years ago
If Assistly is worth $50M, where does that put ZenDesk (<a href="http://zendesk.com" rel="nofollow">http://zendesk.com</a>)?
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ajones05over 13 years ago
SalesForce is piecing together social CRM: integrating social data into their CRM system. This will add to the monitoring (and in-progress publishing) capabilities from the Radian6 acquisition. The triforce is almost complete...
hello_motoover 13 years ago
Question for those in the know: how tedious/challenging/hard/annoying to work on products that integrate various web 2.0 properties such as linkedin, twitter, facebook? (serious question)
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gte910hover 13 years ago
I was just thinking about setting it up for a client for his iphone app and couldn't remember the name...glad this worked out.
drewwover 13 years ago
such a good service - hope the project continues to receive the kind of stewardship it has gotten thus far.<p>if you haven't tried it, you're missing out.
trestlesover 13 years ago
decent service I've heard - good purchase
sfoguyover 13 years ago
Proof again you can hit it big despite a stupid domain name.
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