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Aaron Smith's avatar

Monday is just a better product than Asana. Asana is just project and task management. Monday can do just about anything, and has grown to doing service management, CRM, dev management, and continues to make new use cases.

I really can’t think of a reason to buy Asana over Monday in the real world, and the rest of the market is figuring that out as well.

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OnlyCFO's avatar

Just crazy that investors didn’t see it from a pure metric comparison standpoint back in 2021

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Sol's avatar

Asana is my favorite when it comes to managing my personal life's to dos.

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Dan Schonfeld's avatar

Generally agree with the analysis, except for one point:

"There are significant payroll differences in Israel vs San Francisco (probably 2x+ the cost in SF vs Israel)".

AFAIK this is incorrect, and the current pay differences - adjusted for cost of living and purchasing power - are around 35%-40% at most.

Worth checking.

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OnlyCFO's avatar

Yeah, 2x is probably too high. I have had teams there and depending on the role I think the pure salary could be close to 2x but most were lower

Either way…there are costs savings with an international team

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