3/7/2023 0 Comments Evernote valuation![]() He remains Evernote’s executive chairman.Ĭopyright ©2022 Dow Jones & Company, Inc. It looks like a pared-down version of Evernote and its pricing (1.49 per month or 14.99 annually) is much lower than Evernotes in part because youre responsible for providing your own storage. The notes app was one of the first incredibly successful freemium products, growing to 75 million users and a valuation of 1 billion in its first five years. ![]() It syncs between multiple devices fast and is available on desktop, mobile, and web. Pricing has always been an issue for Evernote. Evernote’s user experience is simple, elegant, and efficient. It makes capturing, organizing, and searching notes exceptionally accessible. Libin, who co-founded Evernote and served as its CEO for most of the company’s growth, this month joined VC firm General Catalyst Partners. Evernote is a dedicated note-taking app that gives you complete control over your notes. Evernote Comparisons Description Primary Industry HQ Location Employees Total Raised Post Valuation Last Financing Details Provider of a cross-platform freemium application designed to take notes, organize, and archive easily. Meritech Capital Partners, Sequoia Capital and Its website still offers a wide range of products, including a Web-clipping service, Moleskine notebooks and a scanner.Įvernote has raised more than $300 million from investors including The startup shuttered one of its consumer-focused apps, a recipe-saving service called Evernote Food, this week. The Evernote pricing plan is split into two versions: Evernote Premium: 7.99/month (supports a premium feature like 10GB monthly uploads) Evernote Business: 14. Its paid subscribers, who pay up to $50 a year for more storage and additional features such as business card-scanning and presentation software, have increased 40% over the past year, Mr. Evernote is a technology and computing retailer with online presence and sell data services related. Gilt Groupe also reportedly laid off about 10% of its workforce back in early 2012, not long after raising capital at a $1 billion valuation.Įvernote is shedding jobs as it attempts to transition from a popular consumer app to a paid subscription service used by professionals in more than 20,000 companies. Still, the Personal Plan is 7. The company failed to right its course through several rounds of layoffs. We provide commercial appraisal and valuation services for the Las Vegas Market. Evernote's job cuts could serve as a warning to the more than 120 private companies now valued at $1 billion or more, even as an average of two private companies join that club every week.įab.com, an e-commerce startup valued at $1 billion in 2013, sold for a small fraction of that amount earlier this year, after the company grew too quickly overseas and burned through its cash.
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