Inchoo goes public!

You read our blog. You follow us on Twitter. Take the next step – become one of us!

We are excited to announce a decision long in the making, ever since Inchoo was nothing more than a twinkle in the eye of its founder Tomislav Bilic. Inchoo has decided to launch the initial public offering (IPO) exactly a year from today. This is how long it would take to prepare and file all the paperwork with the Zagreb Stock Exchange (ZSE) and we will be offering  a huge chunk (49%) of our shares to the public, looking to raise 5 million USD in the process.

This move will allow us to position Inchoo as an even stronger global competitor in the e-commerce, mobile and web apps development markets.

We have recently been approached by a number of venture capital investors due to an apparent information leak about our plans, which may have been caused by an inadvertent tweet from a source very close to Inchoo. These VCs have been desperately looking for “a young software development company from Croatia, specializing in Magento development and running an awesome blog” to invest in and have generously offered to fund our expansion efforts, having realized that we loosely fit into this description.

We have, however, decided to take a road less traveled by, and give something back to the community of our fellow developers.

What’s in it for You?

Due to your heartfelt support in our first two years of operation, we have decided to offer you a once-in-a-lifetime opportunity to become a part of Inchoo history – our Twitter followers and blog contributors will be among the first ones to have the chance of becoming the owners of our preferred shares for as little as 1 USD per share.

To qualify, just leave a comment on this post, and we’ll track you down. We’ll even throw in a complimentary Snuggie and a nice set of knives.

Image credits: ilco/

DISCLAIMER (April 15, 2010):

Well, I guess this was due. This article about our IPO was actually an April Fools’ joke. If you take a look at the date when this article was published (April 1st) and the category we posted this in (Fun), we did our best to guide you in the right direction. Even so, we received, in addition to your comments here, a number of email inquiries and phone calls with people interested to join in. While we were very glad to see the support we got, we are not going public, at least not for now 😉

Keep reading…

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  1. I’d be interested if it’s not just an April Fool’s joke. I couldn’t help but notice it was posted on 4/1 😉

  2. I just pulled my funding from few projects and have 2.500.002,00 $ and would like to invest.

    @Aron: who do I need to contact?

    BTW. Also talket this through with Bill, and he gave me big green thumbs for this investment.

  3. @Stipe – 50 tons of apples would bring you too close to getting a controlling stake, so I’m afraid we won’t be accepting this offer, sorry… you aimed too high there…

    @Guido – cookies and icecream will be provided on the next shareholders’ meeting

    @Tom – come on, where’s the trust? Btw, the accountant is in on this, too… 🙂

  4. I would like to see your, you know, books, numbers… And to be introduced to your accountant 🙂 of course 🙂 After that, everything is possible…

  5. Great move guys!
    Following Inchoo for quite some time and enjoying it immensely…

    Be sure to count me in…

    Best of luck to you all!

  6. VC looking for: “…a young software development company from Croatia, specializing in Magento development and running an awesome blog…”

    Cool, jerky, nerdy, funny and nice.

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