Atlassian has a record of failed acquisitions: Bitbucket, HipChat, Trello, OpsGenie,.. and the list goes on. Add Loom to that list.

In this market, when every single collab company is struggling, Atlassian goes and acquires a collab company when there are so many companies in the DevTools space or get your pick in AI. Spending a billion on a video sharing tool? Unsure what they were thinking and who all are advising the founders. I see the Aussie connection though..