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In July 2014, Fog Creek Software spun off Trello as its own company operating under the name of Trello, Inc. [34] Trello Inc. raised $10.3 million in funding from Index Ventures and Spark Capital. [35] In January 2017, Atlassian announced it was acquiring Trello for $425 million. [36]
Trello is a web-based, kanban-style, list-making application developed by Atlassian. Created in 2011 by Fog Creek Software , [ 5 ] it was spun out to form the basis of a separate company in New York City in 2014 [ 6 ] [ 7 ] [ 8 ] and sold to Atlassian in January 2017.
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Markup price = (unit cost * markup percentage) Markup price = $450 * 0.12 Markup price = $54 Sales Price = unit cost + markup price. Sales Price= $450 + $54 Sales Price = $504 Ultimately, the $54 markup price is the shop's margin of profit. Cost-plus pricing is common and there are many examples where the margin is transparent to buyers. [4]
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