Valade: Sunrise sold to Microsoft because the team couldn't monetize it
Pierre Valade · FF 08: Pierre Valade, CEO @ Sunrise on Being Acquired By Microsoft for $100m and Building Beautiful Products · Aug 14, 2015 · at 15:55
Pierre Valade was the co-founder and CEO of calendar app Sunrise, which was acquired by Microsoft for $100 million in 2015.
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“I think we didn't know exactly how we could take it from a great product to a great business. I think we've done a good job building a great product. We didn't really know how we could make money. Or turn it into, and turn this into a successful business. And those are really two different things. Like, people build amazing business, and I think, you know, sometimes they build crappy product. We've built a great product, but we didn't really know to build a great business out of it.”
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