{"id":32680,"date":"2021-06-02T16:03:18","date_gmt":"2021-06-02T20:03:18","guid":{"rendered":"https:\/\/mjtsai.com\/blog\/?p=32680"},"modified":"2021-06-04T16:39:45","modified_gmt":"2021-06-04T20:39:45","slug":"stack-overflow-acquired-by-prosus","status":"publish","type":"post","link":"https:\/\/mjtsai.com\/blog\/2021\/06\/02\/stack-overflow-acquired-by-prosus\/","title":{"rendered":"Stack Overflow Acquired by Prosus"},"content":{"rendered":"

Joel Spolsky<\/a>:<\/p>\n

\n

Today we’re pleased to announce that Stack Overflow is joining Prosus. Prosus is an investment and holding company, which means that the most important part of this announcement is that Stack Overflow will continue to operate independently, with the exact same team in place that has been operating it, according to the exact same plan and the exact same business practices. Don’t expect to see major changes or awkward “synergies”. The business of Stack Overflow will continue to focus on Reach and Relevance, and Stack Overflow for Teams. The entire company is staying in place: we just have different owners now.<\/p>\n

This is, in some ways, the best possible outcome. Stack Overflow stays independent. The company has plenty of cash on hand to expand and deliver more features and fix the old broken ones.<\/p>\n<\/blockquote>\n\n

Prosus<\/a>:<\/p>\n

Prosus N.V. (\"Prosus\"), a global consumer internet group and one of the largest technology investors in the world, announced today that it has entered into a definitive agreement to acquire Stack Overflow, a leading knowledge-sharing platform for the global community of developers and technologists, for approximately US$1.8 billion.<\/p>\n

[…]<\/p>\n

With expertise in scaling communities in high-growth markets globally, Prosus can help accelerate Stack Overflow’s growth ambitions, with a particular focus on reaching a wider international community, while also further scaling the company’s Teams product to position Stack Overflow at the center of product and technology development within major enterprises globally.<\/p><\/blockquote>\n\n

Previously:<\/p>\n