Redpoint Ventures and I would like to congratulate and thank Javier Soltero, Kevin Henrikson and J. J Zhuang for their amazing insights, entrepreneurship and leadership at Acompli. Today Microsoft announced that they will purchase Acompli.
It is bitter sweet for me. While we are thankful for the amazing ROI that they delivered us, I will really miss working with them hacking on product and business strategy at Acompli. I have had the privilege and fun of working with these guys for literally more than a decade since before Acompli and it has been great every time. Javier was a product guy at heart but always had a great business acumen (Javier and I used to compare strategies on the open source business model back in the day!) while JJ and Kevin are among the best product guys in the messaging landscape (even before JJ and Kevin worked on Zimbra). When these three guys came together to found a company in the mobile mail landscape, it was a no-brainer for us to fund.
Every step of the way, they continued to remind us why it’s so exciting to be in the venture business and work with great entrepreneurs. This is what wakes me up every day – to work with people like them on exciting new products.
While it’s the end of the first chapter of their journey at Acompli, I am confident we are going to see some great new products emerge from Microsoft directly as a result of this team. We wish them continued success in their endeavors.