Were they? Or they were actually profitable for years?
To be honest the whole comment reads very SV vibe. Go big (as big as StackOverflow) or go home.
Were they? Or they were actually profitable for years?
To be honest the whole comment reads very SV vibe. Go big (as big as StackOverflow) or go home.
Fogbugz didn't dominate the market like Jira did, but it had a dedicated customer base. It's revenue was used to fund the development of Trello in the early days, and to fund the first 2~ years of development on Glitch.
When FogBugz was sold off, it was still a modestly profitable business that a better acquirer could have stewarded into a better performer but the bug/issue tracking market is/was really tough.
Source: I used to work at Fogcreek, did some light dev/design work for FogBugz, and was the co-creator of Glitch.
FogBugz earned some good money. I suspect it bankrolled them so they could make Trello (which had very little revenue).