[jbrad7354]

I like Atlassian and we use JIRA, Confluence and Stash.

Do I think Atlassian is worth $6bn? No. I planned to buy ~100k in stock at the open, saw the $27 open price, and cancelled my trade.

Is this a nice result for the founders? Yes. :)

Starting price on IPO day means little. It was flat the entire day. The way to judge these is in a couple of weeks (2-3 weeks) to see where the market really values it. See RACE for an example. That had a stronger IPO day "pop" and... here we are. :)

[puredemo]

$6bn valuation isn't that much for a product suite that seems integral to so many in the tech sector.