[dietzchi]

From what I can tell, Grammarly bought coda for 150M and a ceo position forced by the VC’s.. it was their only option. Yes I agree they are under the same VC’s. Grammarly has a leadership problem, and coda has a money problem. shishir has a huge influence in Silicon Valley due to his YouTube days. So yes, two companies struggling to survive. One has reputable leader living off his past success (not current) and one company with money but no leadership. It’s a lifeline for both and last chance to show they can be successful. I guarantee shishir has two years to prove he can be a leader or he is out of the game. It was way to save egos and hopefully make a good company.

[ryanar]

Whatever the VC definition of a leader is, I was incredibly impressed with Shishir Mehrotra. His company and their practices are very mature and well run for their size and stage. I seriously considered joining Coda a year ago solely because of him. I hope he can find success with this new venture.

[dgreensp]

I had that impression when I joined Coda; not so much by the time I left.

[jjcm]

Where are you seeing the 150M number from?

[dietzchi]

I am guessing based on the available information of revenue combined with the info about Grammarly issuing warrants the week before the acquisition announcement. So my reasoning isn’t an exact number but an educated guess based on available information