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by henryfjordan 1589 days ago
Just as Atlassian bought Trello to hedge their dominant position in Kanban board hosting, NYT bought Wordle to hedge their dominant position as daily-word-puzzle purveyors.
1 comments

Is hedge the right term, as in hedging a bet? Or are they reinforcing their dominant position?
I think hedge is the right word. NYT continuously invests in their crossword thinking there'll be a return on their investment (maybe in increased subscriptions). Investing in a line of business is basically an informed bet. NYT wants the crossword to remain dominant. They just bought Wordle on the off-chance it unseats the crossword, hence the term "hedge".

This is just speculation btw, I don't work for NYT or know the true reasons.