Comments on: Jeff Bezos Invests in 37Signals

By: simiant.com · Geff Bezos Invests in 37Signals

simiant.com · Geff Bezos Invests in 37Signals — Thu, 10 Aug 2006 13:05:32 +0000

[…] GigaOM : » Jeff Bezos Invests in 37Signals “Amazon founder and chief executive officer Jeff Bezos has invested in 37 Signals, a Chicago-based software-as-a-service company. The investment comes from Bezos Expeditions, a personal investment company of Jeff Bezos. The company has steadfastly refused venture capital investments, but I guess changes are in order.” […]

By: Hooman Radfar

Hooman Radfar — Thu, 03 Aug 2006 04:29:10 +0000

Jason, did not mean to imply that the deal was done because Bezos wants you to use S3, or even required it as part of the deal. That being said, it does make sense given the relationship for the topic of S3 to be discussed given your business and Amazon’s push into core web services.

By: Jason Fried

Jason Fried — Mon, 24 Jul 2006 04:46:36 +0000

This deal has nothing to do with S3 (anyone can use S3 anyway — that’s the point of S3).

By: Hooman Radfar

Hooman Radfar — Sun, 23 Jul 2006 23:31:48 +0000

I agree with Matt. My guesstimate is that they will be leveraging the S3 service sooner, rather than later. Not necessarily a bad thing though.

By: Srbo

Srbo — Fri, 21 Jul 2006 12:10:25 +0000

http://www.activecollab.com/ - free basecamp cloon

By: Charlie Sierra

Charlie Sierra — Fri, 21 Jul 2006 03:08:10 +0000

Hello?

I can't believe nobody has made the S3 connection.

Amazon has this really hot and interesting storage service, and 37Signals is the leader in simple webapps.

Me thinks Bezos gets paid on both ends of this relationship.

PS. OT: Om, have you seen the ML report that says ESPN should shutdown their MVNO? Boy thats a big surprise.

By: Matt

Matt — Thu, 20 Jul 2006 22:08:58 +0000

I was under the impression that 37Signals has always been funded by Amazon under the table.

Am i just making this up?

By: Igor Jablokov

Igor Jablokov — Thu, 20 Jul 2006 21:52:30 +0000

Is this concept ready? I used their Ta-Da List service often until one day my account simply disappeared, losing all my info & befuddling their tech support. Why should we trust this paradigm?

By: FredS

FredS — Thu, 20 Jul 2006 21:13:39 +0000

I don’t know what to make of this. It still hasn’t registered. This has to be about expanding their reach. Does that mean new products or just help getting the 37s name out there through Bezos? Or both? I guess we’ll see.

By: Matt Roberts

Matt Roberts — Thu, 20 Jul 2006 21:11:24 +0000

Maybe the Free Basecamp that was released a few weeks back. helped them recognize that in order to outrun open source they needed investment.

By: Aidan Henry

Aidan Henry — Thu, 20 Jul 2006 21:09:35 +0000

Interesting move by Bezos. I am convinced he made a very good choice.

37Signals continues to produce simple, easy-to-use, clean software applications that avoid the web 2.0 hoopla and provide practical value.

My guess is they will soon be bought over by a larger software firm interesting in tapping in to new-age web apps with revenue-generating potential. This would provide Bezos with a great short term ROI.

He is a savvy man and I guarantee he expects this move to pay off big time.