Comment by candre717
15 years ago
I had envisioned Heroku to be a standalone player. It's Paas model was looking like it would be a game-changer. I didn't think they would sell - at least, not this soon. I understand cash is king, but this was a company I had hoped would stand its ground to be something great.
I'm also surprised they sold. $212M is nothing to sneeze at, but maybe Heroku was looking 5 years down the road and not seeing the growth or revenue they had expected?
It's also certainly possible the investors pressured the sale to get their money back out of the deal.