[andygcook]

For context, Coda's last valuation was $1.4B in July 2021 and Grammarly's was $13B in November 2021. Grammarly's revenue is likely taking a hit with the rise of LLMs and they were always at risk of being a feature by not owning the document editor itself. An all-in-one approach to compete with Notion (and Google Docs, Confluence, Sharepoint, etc) makes sense, but time will tell if this merger works.

[WillieCubed]

Ah, this makes the acquisition more reasonable. Nonetheless, if it weren't for the respective companies' valuations, this would still seem very backward to me (i.e. extension for document editors acquiring a document editor). Keeping Coda's CEO seems promising, yet I fail to see how Grammarly as a product/collection of features would help the combined company.