That may be the CEOs intent, but if they have share holders and someone shows up with money it isn’t entirely the CEOs call. They have a responsibility to produce returns and if an offer is better than what they can do without selling their obligation is pretty clear.
I’ve known some folks who I believe really wanted to grow a company but when faced with an offer to buy it they didn’t feel they could survive a legal challenge arguing that they should sell.
It’s 2024. By this point we all know how this ride goes. So if a founder states that they’re targeting sustainable long-term growth, and that intent isn’t reflected in how they’ve taken on investments, they’re flat-out lying. There’s simply no excuse to be that utterly naive. The Obsidian mob seem very switched on, and their public headcount isn’t remotely indicative of VC-funded hyper-growth. It looks like they’re doing everything right.
For me Evernote peaked around 2014-2015. The native clients were fast and small and integrated well with the host platform. I haven't used it since around 2020, so I'm glad to hear they are actually working on it.
I subscribed on the Plus plan for 8 years at $35 / year. Now the personal plan is $130 / year. I used it maybe once a week so for me that would be $2 every time I launch it. It just isn't worth it.
