Why is Atlassian doubling down on WFH, when everyone is going back to the office?

Atlassian - the Australian software products maker - recently announced it had agreed to buy video messaging platform Loom. They paid US $975 million for the privilege - which accounted for a significant portion of their cash reserves. It also indicates a commitment to work from home, when many big companies this year are winding back on remote work, and calling for a return to ‘business as usual’.John McDuling, Editor in Chief at Capital Brief, joins Sascha to talk about the 2 key takeaways he thinks this aquisition signals for investors.Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.