What do you think?
- Square / Eng077moreI, for one, don’t understand the mass appeal of Slack or why a modern-day AOL Instant Messenger (for business) would be worth as much as it is. I’ll give them the benefit of the large enterprise user base, but this is an easily disruptable space, especially if a Slack becomes complacent and doesn’t ship meaningful updates. I wouldn’t personally invest, but we’ll see what happens.
- Speaking only for myself and not my employer, while I feel bad for the Stride/Hipchat employees who got either reallocated or laid off, Slack works way better.
It's the only corporate messenger with really usable search, and the channels interface is the least sucky out there. For straight person to person corporate IM it's overkill but then again Lync/Skype4Business and Webex Connect manage to suck even at that.
- Microsoft ogLh58Ugh don't mention teams please. We are forced to use it and it sucks. My biggest gripe is how it insists on wasting space left and right of the chat log. there is also that unnecessary conversations thing which slack has as well, possibly just because slack has it. Imo discord is good enough if it had better bot support
- Microsoft/ Google will take this market over. Small third party companies without ecosystems will not succeed in the enterprise space.
- Microsoft OgxlyzlyzBlue apron is not an appropriate analogy. For slack to scale and sell more there is very little operational investment required. Therefore, for every new customer it's almost pure profit - the model of SaaS. They can also acquire new customers by offering the service for free for a period of time, again at little cost to them. blue apron, on the other hand has to spend significant costs for every new customer. The businesses don't scale the same so it's not fair to compare then to each other from a startup/valuation perspective
- in the long run slack will be to collaboration what LinkedIn is to recruiting.
- Uber SaghooSlack is just a corporate distraction. Constant Chat is not a productive means to get shit done.
- We moved on to MS Teams and apart from the occasional Office 365 downtimes, it’s made no difference to us. Hopefully Slack can continue to innovate, grow and differentiate itself from the competitors.
Although not bad, would hate to be in a position to have to use only teams in the future.
- I would’ve hated it, if the new experience was bad but it was not. Now, If they asked us to move away from teams to a chat service that does not offer any of the services as teams/slack, that would be a bad move. In this case, whatever the intention was I.e cost cutting or otherwise, it was easy to switch.
I think Slack should seriously be worried about threat from new entrants in this space. I’m sure they’re aware and I’m guessing they know that their market share is higher right now, hence the IPO.
- OnDeck GPgj02Now watch all those happy employees become sadder and sadder and then leave. Being an employee of a public company sucks
- The public coms indicated we took an equity stake in them. https://www.atlassian.com/blog/announcements/new-atlassian-slack-partnership
No idea if it's a big enough one to have any influence there or if it will show up on either our quarterly reports or in their prospectus
- Qualtrics MYOL$10b valuation on $221m revenue?! That's an insane multiple. How do that justify that?
- Splunk hbeP16They have nice emojis. Half my time on chat is wasted trying to find the appropriate emoji. Some mind reading / machine learning/ deep learning feature for predicting emoji would be nice 🧐
- Dropbox 🍣 🍣 🍣 🍣 🍣moreHuh I was expecting more than 200 million revenue. I see way more people/companies using slack than dropbox but somehow we generate 6x more revenue than them.
- Dropbox has a huge customer base ... photographers etc .... while slack payers are mostly enterprises... outside tech savvy companies, employers usually default to skype/Hangouts ...
I actually can’t imagine how you make so much money from an overpriced product ... and especially with onedrive and drive in competition .... your founder was a smart guy when he did the blitzkreig marketing early on in the life of the product otherwise you wouldn’t be where you are
- Uber GuilianiAre they profitable? What does the ROCE and revenue growth rate looks like for the last few years ?
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