One of my favorite Evernote features is automatic OCR of images within notes. It's just notes I write, and associated attached media like document scans or images, in a clean interface. I've enjoyed using Alternote on OSX as an Evernote client to get what I really want out of Evernote.a place to store, umm, notes. And lastly, there isn't a huge M&A market for companies with a price tag north of 1BN.Īs a paying customer, I see Evernote as awesome and terrible at the same time. I also don't see how they're going to be able to maintain increases in valuations thus making it pretty safe to assume an impending "down round" period for those unable to find sustainable revenue. I don't foresee the high quantity of venture-backed companies worth over 1BN being able to keep up with such valuations ESPECIALLY if they try and hit the public market anytime soon.
I hear a lot of chatter about how IPO is the new down round in tech, and it seems to make sense to me. I think the biggest problem these current VC-backed unicorns will face is when "venture tourism" comes to an end sometime in the future and all this available cash becomes harder and harder to raise as mutual/hedge funds back slowly away from the private markets:
#Ifttt evernote to simplenote series
During their Series D in 2013, they had a post-val of 1.17B, only to be acquired earlier this year for 15M. Fab is already a "dead unicorn" in most people's eyes.