📑 Opening Up the Atlassian Term Sheet

This is great to see from a company like Atlassian with “openness” as one of their core values. Their take is that the standard M&A process affords too few protections for the company doing the selling and too many for the big buyer. Most importantly, to me, these M&A engagements are one-sided by nature: the buyer has likely done it before (often many times) and the seller it’s likely their first time around.

M&A is a key part of our strategy – over our...