Slack lost $140M last year

Microsoft
bigdtc

Microsoft

PRE
Cubic
bigdtcmore
Apr 26 312 Comments

On only $400M in revenue.

Who's planning on catching this falling knife when they go public?

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TOP 312 Comments
  • Microsoft MSFT->DOCU
    And slack has to confront a 1000 pound Gorilla called Microsoft
    Apr 2639
    • Microsoft eu73-$7
      Teams is already much larger than Slack in terms of usage, lmao. Google Teams growth. Also sales hasn't even been incentivized to sell Teams yet.
      Apr 27
    • Salesforce Liu Kang
      Teams sucks
      Apr 27
    • Microsoft eu73-$7
      I agree, but usage is through the roof
      Apr 27
    • Salesforce Liu Kang
      Really? Any big enterprise teams using them?
      Apr 27
    • Microsoft eu73-$7
      of course
      Apr 27
    • Salesforce Liu Kang
      Which companies?
      Apr 27
    • Uber zzzz5
      Any big company that already pays for Office, Sharepoint, Exchange, Dynamics, SQL Server, etc. will just end up buying Teams as part of their licensing deal instead of doing a one-off for Slack. Cheaper, easier, integrated with the Microsoft enterprise ecosystem.
      Apr 28
    • Getting teams as part of a combo deal doesn't mean employees are using it. MS teams adoption numbers show the number of companies you have access to it, not necessarily using it. Everyone still uses slack and will continue to do so, there is really no other alternative right now.
      Apr 28
    • Uber @₺?>!
      Microsoft has never really built their own, innovative products. They've fast followed, or acquired the leader. And then they've often thrown in some anticompetitive practices to lock it all in.
      And it's worked.

      If it's a store-based platform, bet against Microsoft. If it's anything else, stop looking at traditional product innovation and execution as being particularly relevant.
      Apr 28
    • Facebook Lt. Ilia
      Slack will be acquired by MSFT or G.
      Apr 28
  • DoorDash mviewfs
    Slack is way better than Microsoft teams. They have fair pricing. Easy to use. Will succeed in long run. Microsoft is selling teams as an office 365 bundle otherwise no one will buy it.
    Apr 2639
    • Microsoft oohds
      We’re laughing all the way to the bank, but whatever helps you sleep at night!
      Apr 28
    • Microsoft / Product
      Brazuka

      MicrosoftProduct

      PRE
      Bain & Company
      Brazukamore
      @makeitbig is a microsoft hater. That's fine, we're used to them. Don't care a tiny bit.
      Apr 28
    • Why can’t we all just get along
      Apr 28
    • including the desperate microsofties ?
      Apr 28
    • Facebook brTf85
      How did this thread end up like this
      Apr 29
    • I blame it on the msfties 😆
      Apr 29
    • Shutterstock kudabobb
      Slack is hot garbage
      May 1
    • Thank you for your wisdom 😆
      May 2
    • Riot Games
      ifbx7474

      Riot Games

      PRE
      Riot Games
      ifbx7474more
      Teams is hot garbage. It’s all part of the giant free pile of absolute shit the MS sales reps unload on the C-Suite with Azure credits.
      May 2
    • Microsoft oohds
      ifbx7474 tf are you talking about sales reps and Azure credits....? Sales reps have zero empowerment, first of all, and second of all, Azure credits are definitively NOT allocated to customers purchasing O365.
      May 2
  • Comcast ichiban
    Also one trick pony, no revenue moat
    Apr 2614
    • Amazon / Eng🦎 gecko
      Slacks story is interesting. I’m very much surprised it’s become as big as it has.
      Apr 27
    • Compass 905
      It’s only because they do integrations so well and quickly. It takes a year and two eons for Microsoft to get anything done, so even after acquiring Skype, they are solely inhibited by their own inability to get anything done without circle jerking 12 TPMs and PMs off to get things through...
      Apr 27
    • DemonWare / Engmee
      Lol at ms teams being no competition. You can argue about products but Microsoft will make more money from teams just by going in all those markets that require certifications (that Ms has and others usually don't) and need slack experience
      Apr 27
    • Compass 905
      So MS has become IBM...
      Apr 28
    • Microsoft M💰FT
      Lol that’s why Microsoft is a 1 Trillion dollar company. The theory that we can’t execute is funny. We do things our own way and they clearly work out 🙂.
      Apr 28
    • Without the cloud buzz, MS stock will be a dud.
      Apr 28
    • Compass 905
      No one said you can’t execute, simply that it takes an eon and a c.j. to do it.
      Apr 28
    • Adobe / Eng
      abcdxyz123

      AdobeEng

      PRE
      Yahoo, PayPal
      BIO
      Software engineer architect manager big data platforms
      abcdxyz123more
      Dudes they reached $1 tr. where are you with your supposedly fast execution? !!
      Apr 28
    • Splunk
      timtrolley

      Splunk

      BIO
      Engineering
      timtrolleymore
      Compass will be a 1-trillion company in 5 more years instead of 35 more years.
      Apr 28
    • Adobe / Eng
      abcdxyz123

      AdobeEng

      PRE
      Yahoo, PayPal
      BIO
      Software engineer architect manager big data platforms
      abcdxyz123more
      That’s it then. << abcdxyz123 rushes to buy all available compass shares and dumps anything related to MS on the way >>
      Apr 28
  • DoorDash mviewfs
    Linkedin uses slack instead of TEAMS ?
    Apr 2617
    • Microsoft yomamamama
      I do think a few hundred people as many. My point is there are teams in MSFT using Slack. So....
      Apr 27
    • Microsoft 🐁Pinky😜
      Most teams at Microsoft don't require you to use only Microsoft products. At least that's been my experience.

      I was on a team once that did require it. However, the reason they did was because they were worried about intellectual property. The story was that a long time ago some open source code was used on a prototype and it inadvertently made its way into a final product. That was before my time, but that was why they were so concerned about it.

      Every other team that I've been on could care less what tools you use as long as they're approved. I personally use Teams for meetings and Outlook for email. The rest of my work is done on *nix systems.
      Apr 27
    • Dropbox DBX Boss
      Engineering uses slack at LinkedIn. My team tried to use teams but no one would have it opened so people wouldn’t respond. Quality of slack’s product versus Teams was clear. Horrible product that has no market
      Apr 27
    • Microsoft yomamamama
      @Boss, agree teams quality was pretty low earlier on, it has gotten way better now though.
      Apr 27
    • Google xtFP08
      I disagree^ it’s buggy, eats resources and uses Skype as the video backend
      Apr 28
    • Microsoft 🐁Pinky😜
      @xtFP08 No it doesn't. It's light years ahead of Skype for Business. I also haven't noticed any resource problems.

      I'm not saying I'm a fan of it. I never used Slack much so can't compare. Slack is a more mature product so it's probably better. Teams has been improving rapidly though. A year ago. Everyone at Microsoft still used Skype because Teams was a piece of crap. Now I can't imagine going back.
      Apr 28
    • MS is just not capable of producing an open platform as good as slack.. its just not in their DNA and will never be.
      Apr 28
    • LinkedIn Kwofjrjw
      Many teams in Azure use Slack. But afaik they're using the free tier mostly.
      Apr 28
    • Microsoft 🐁Pinky😜
      @makeitbig I've only used Slack's free tier, but what does it have that Teams doesn't? The only thing that I don't like about Teams is that the persistent chat lazy loads as you scroll farther back. It can make it a pain to find stuff. However, the search feature balances it out.

      Other than that, in Teams I can call into meetings, screen share, record meetings, preview and edit Office files, make phone calls, share gifs, make bookmarks, and more.

      Also, the video and call quality is light years better than Skype for Business (i.e. Lync).

      I have nothing to do with developing Teams. I just genuinely don't understand why Slack is such a better product.
      Apr 28
    • If a companys own people don't love its products and are using competitor products it does say a lot about it 😎
      May 11
  • Amazon xAQu84
    Companies who use slack should switch to Discord
    Apr 2714
    • Amazon / Eng
      QLLw43

      AmazonEng

      PRE
      Comscore, Inc.
      QLLw43more
      Lmao chime is so bad
      Apr 27
    • Square Figma
      Threaded messages, way more/higher quality integrations, bots, a channel system that actually scales, a member list that actually scales, smarter notification settings... I could keep going.
      Apr 27
    • Google
      plane

      Google

      PRE
      Hewlett Packard Enterprise, Facebook
      planemore
      Actually scales?
      Apr 27
    • Amazon xAQu84
      Aside from threaded messages, I was unaware that the others were real issues. Discord has integrations and bots. I guess I’ve never hit a scaling limit with channels and members. Thanks for enlightening me
      Apr 27
    • Amazon xAQu84
      Though I don’t see why discord can’t have an enterprise edition that is self hosted and fixes those scaling limits.
      Apr 27
    • New / Eng
      mRvg14

      NewEng

      PRE
      Amazon, Bloomberg LP
      mRvg14more
      Chime can't even alphabetically sort my favorite contacts. Chime is complete garbage.
      Apr 27
    • TrueCar / DesignnQkK62
      I actually think discord is the best chat service I've ever used. It's not suited for business because well it was made for gamers. But if they made a business version, I think they could easily beat slack. Plus their shit is free atm.

      Curious what you guys mean by scaling limits. Discord can host thousands of users. Their instant calling is amazing, and if you do screenshare in a dm it's also really good quality
      Apr 27
    • Indeed / Enganimal🦍
      So China can know everything about our data?
      Apr 28
    • Salesforce / EngaTicTac
      Discord permissions would be a nightmare to manage for a business.
      Apr 28
    • Rapid7 / Engikarus
      @OP, sorry to chime in but you suggested that companies move from discord to slack. Wouldn't the on us be in you to justify the move, rather than the repliers?
      Apr 28
  • Microsoft ty hg a
    "only" 400M revenue
    Apr 2610
    • DoorDash popu
      400M is tiny
      Apr 26
    • Google / EngPri
      Surface is much more than that
      Apr 27
    • Twitter juJJ15
      400m is not a lot. I guess startups and tech companies are not enough. At this point it’ll be about the older companies- the newer ones probably already switched and for startups it’s the default.
      Apr 27
    • Microsoft
      Tier 1

      Microsoft

      BIO
      #1 in Prestige
      Tier 1more
      Why are we measuring this in terms of small loans? Their revenue is 0.4B aka a rounding error
      Apr 27
    • Twitter juJJ15
      Small loans?
      Apr 27
    • Amazon / Eng
      QLLw43

      AmazonEng

      PRE
      Comscore, Inc.
      QLLw43more
      It's just 400 small loans of a million dollars
      Apr 27
    • Microsoft
      Tier 1

      Microsoft

      BIO
      #1 in Prestige
      Tier 1more
      Autocorrect
      Apr 27
    • Cruise Automation sleitnfo1
      you aren’t funny
      Apr 27
    • Confluent Phym78
      @Tier1 can you charge your phone please ?
      May 2
    • Microsoft
      Tier 1

      Microsoft

      BIO
      #1 in Prestige
      Tier 1more
      I only charge my phone while I’m at work. Gotta get every last MWh to maximize TC.
      May 3
  • And only “82%” growth rate. Sounds like OP works in Microsoft teams group :)
    Apr 263
    • Amazon LoanerBadg
      So they loose money, but make up for it in grater volume?
      Apr 27
    • You pay for growth. You lever off growth you trade rev growth for margin. See Amazon
      Apr 27
    • Cruise Automation sleitnfo1
      That’s how growth works, yes. Compare their YoY growth with their YoY losses: they are growing faster for less losses meaning they are getting more effective at onboarding customers for the same money. This is a road to profitability.
      Apr 27
  • Microsoft laug
    Slack won’t survive more than 5 years. Microsoft Teams got o365 support and compliance to support fintech, DoD, banks, gov. And ecosystem to help. Slack has a considerable disadvantage.
    Apr 2711
    • PayPal irnmn
      Compliance in fintech, dod and gov is a hard shell to crack for slack
      Apr 27
    • SAP ethi
      Microsoft needs to bring in some better UX! All of Microsoft products, except windows are so boring and serious! Outlook takes ages to load, Skype never works, Teams is depressing! I have no clue why companies even pay for MS platform! It might be big but it is definitely not cool. :)
      Apr 27
    • You have it backwards. Email will be obsolete in 5 years along with O365.
      Apr 27
    • SAP Man
      ethi, SAP is phasing out Slack in favor of Teams, so get ready for that. Slack is a no-buy at IPO.
      Apr 27
    • New / Engdaan
      Our company switched from Slack to Teams. But we are Microsoft shop, it's more convenient to use Microsoft for everything. I don't see how Teams is worse than slack. Same thing more or less.
      Apr 27
    • Microsoft / Product
      Brazuka

      MicrosoftProduct

      PRE
      Bain & Company
      Brazukamore
      @makeitbig hahahhajahahhaha
      Apr 27
    • Square sq_newb
      Slack (at the Enterprise tier) is compliant with FINRA, HIPPA, and has most of the other security certifications. See: https://slack.com/security
      Apr 27
    • Thermo Fisher / Saleszeussical
      We can dream that O365 will be obsolete in five years but the fact is most companies not in tech are super slow to role out new programs and features for employees. There are still quite a few people in our organization on Windows 7 and Office 2010.
      Apr 27
    • Microsoft laug
      At the end who can make money that matters the most, yes, Slack can be used in small companies and small teams. But will a bank, any gov. Agency, fintech company or 500 fortune company will deploy(company wide) Slack, I doubt. And these are the customer those pay a tremendous amount of money. Competing with MS in enterprises space is not an easy task. MS had lots of assets and push behind the MS Teams. It will be interesting to see how slack will compete. They already expressed their in security by publishing full page ad when Teams launched.
      Apr 28
    • Big powerful MS has been around for decades .. but still Slack has conquered comms platform within in a few years .. nothing has and will change for both companies
      Apr 28
  • Microsoft MMKy42
    Teams is part of the Microsoft platform. Slack is a chat service...not sure why anyone would invest in them.
    Apr 278
    • SAP ethi
      Because Microsoft Teams is depressing. Slack is fun! Waiting for the time when slack eliminates the need of Outlook. Also, Skype never works, FYI!
      Apr 27
    • Microsoft / EngGoivenglav
      Teams has been a performance nightmare. But it’s becoming pretty impressive and that’s coming from an ex dev on SfB. Quite literally the worst codebase I’ve ever contributed to.
      Apr 27
    • Automattic runs their entire company on slack with no physical real estate. Google runs on Linux with some Mac, and Windows boxes only for developing on Windows. MS products are mediocre, and they are sailing on past forced market share, which got them a lot of vendors and inertia. If hardware support stopped being written for MS first, it would vanish.
      Apr 27
    • Microsoft / Product
      Brazuka

      MicrosoftProduct

      PRE
      Bain & Company
      Brazukamore
      What way is Slack "fun"?
      Apr 27
    • Primer AI / Eng
      gEMD88

      Primer AIEng

      PRE
      SAIC
      BIO
      Two time CTO with experience bringing SaaS to market. Can provide career advice.
      gEMD88more
      Have you tried it? It really is fun.
      Apr 27
    • Microsoft / Product
      Brazuka

      MicrosoftProduct

      PRE
      Bain & Company
      Brazukamore
      Yes, during my masters some people tried to push slack and most just stuck with Groupme and outlook
      Apr 27
    • Cruise Automation plantent
      Nobody pushes Slack. Devs pull it.
      — In what way is Slack “fun”
      This reads like a parody of out of touch corporate Microsofties. But hey, that’s Poe’s law.
      Apr 28
    • Microsoft / Product
      Brazuka

      MicrosoftProduct

      PRE
      Bain & Company
      Brazukamore
      1)I actually used slack during my MBA before I joined Microsoft. I said so on my previous comment.
      2) out of touch is you that think dev is the role that dictates enterprise productivity software. I bet you never worked in non tech. You remind of Snap chat fans before Facebook crushed their gorwth.
      3) not saying Slack will cease to exist but it will and is already slowing down it's growth.
      Apr 28
  • RetailMeNot qtlg72
    If you notice most of the support for Teams is from Microsoft employees. Reality check: Slack is a hell of a lot of a better product that’s more cross-platform and integration friendly. Video conferencing within it is damn good, and most tech-centric companies that don’t rely on the Microsoft ecosystem prefer it over anything else. Damn great product that has much better pricing practices than anything else out there.
    Apr 275
    • SAP Man
      Better pricing? Why are you lying? Office 365 price per user, which includes Teams, depending on your plan, is comparable or less than the price per user for Slack. Zero reason for any large enterprise to use Slack when they have Teams for free. Not advocating for teams, but stop lying. Slack doesn't make sense when you have Teams for free.
      Apr 27
    • MSFT folks should support their product. Thats the right thing to do ..even if their product is inferior and not as popular. They get a pay check so choose to show loyalty - nothing wrong with that.
      Apr 27
    • Microsoft laug
      Slack has better video conferencing, are you sure. Slack can’t have anything built natively other than chat; it relies on the third party only. There are many free users but not much paid. I won’t be surprised. Teams will have 80-90M users in 1 year or so. Slack can’t catch up to that. Slack comparing to Teams is like a knife compared to Nuclear weapon. These arguments were there on Teams launches; all proved wrong. Teams are silently spreading, already have 25M MAU.
      Apr 28
    • Airbnb 0x00000000
      @makeitbig “Msft folks should support thejr product”
      No. They should think critically about their product and take critical feedback seriously rather than putting their fingers in their ears and shouting when the overwhelming majority of the tech community is telling them that they’re behind. But hey, this has never been Microsoft’s strong suit, so no surprises here.
      Apr 29
    • Lol ! Can’t change core DNA just by bringing
      in new leaders.
      Apr 29
  • Airbnb aEFO20
    Slack did double their revenue every year for the last 3 years. It is very impressive when compared to Uber’s 30% growth
    Apr 276
    • Uber / Eng
      uberipo

      UberEng

      PRE
      Google
      uberipomore
      Nice try but really stupid comparison though.
      Apr 27
    • Aww .. you hurt his feelings :)
      Apr 27
    • Uber / Eng
      uberipo

      UberEng

      PRE
      Google
      uberipomore
      It just factually a stupid comparison...
      Apr 27
    • Wish jeano
      Hmm you know, people from Airbnb
      Apr 27
    • Airbnb aEFO20
      Woah woah, chill LOL
      Apr 27
    • Uber / OtherthEI07
      More difficult to grow at a higher scale than lower scale. Doubling hundred million vs +30% multi-billions 🤷🏽‍♂️
      Apr 30
  • SAP Man
    Potentially dumb question, but what the fuck is Slack blowing all their money on, other than infrastructure? The app hasn't changed much in years, and they don't really advertise. Are they employing too many Project Managers in charge of gluten-free options for office lunch?
    Apr 275
    • Microsoft / Product
      Brazuka

      MicrosoftProduct

      PRE
      Bain & Company
      Brazukamore
      Probably on staff. 1000 people earning 200k probably eats all their margin
      Apr 27
    • SAP Man
      But what's all their staff doing? Not much for the Slack core, no real new features in years, very little advertising. Was that ugly new logo that expensive?
      Apr 27
    • Microsoft / Product
      Brazuka

      MicrosoftProduct

      PRE
      Bain & Company
      Brazukamore
      You can't sell enterprise software without a bunch of Sales people. Probably half engineering team work on unlaunched products/features
      Apr 27
    • SAP Man
      Chatting in channels 2.0, chatting's killer app!
      Apr 27
    • Booking.com B.pain
      They have a $50m/year *minimum* contract with AWS, to start with. Wonder what makes it so inefficient.
      Apr 28
  • Microsoft
    Tier 1

    Microsoft

    BIO
    #1 in Prestige
    Tier 1more
    How is it even possible that they’re losing money
    Apr 278
    • VMware / Eng
      PJLD43

      VMwareEng

      BIO
      Sr MTS.
      PJLD43more
      Innovation. Giving things away for free (opensource).
      Apr 27
    • Microsoft
      Tier 1

      Microsoft

      BIO
      #1 in Prestige
      Tier 1more
      It’s a chat app. If they’re hiring that many engineers, they’re doing something very wrong.
      Apr 27
    • VMware / Eng
      PJLD43

      VMwareEng

      BIO
      Sr MTS.
      PJLD43more
      They are not as big as MS. We don't know how much MS is investing in teams and how much they are making. I think a lot of investment goes in SRE and cloud bills
      Apr 27
    • Microsoft
      Tier 1

      Microsoft

      BIO
      #1 in Prestige
      Tier 1more
      They don’t even host video calling right? How would cloud bills even be an issue
      Apr 27
    • VMware / Eng
      PJLD43

      VMwareEng

      BIO
      Sr MTS.
      PJLD43more
      They integrate with others and have something specific for mobile
      Apr 27
    • VMware / Eng
      PJLD43

      VMwareEng

      BIO
      Sr MTS.
      PJLD43more
      They have their own, plus you can use zoom or s4b. Though admins control that
      Apr 27
    • SAP Man
      They're hiring too many people in PR, and they aren't doing any PR.
      Apr 27
    • New / Engdaan
      That's why slack engineers have highest WLB in tech and high TC.
      Apr 27
  • This comment was deleted by original commenter.

    • Microsoft MSFT->DOCU
      This should be top comment, good work
      Apr 29
    • Great work .. for a product with no adoption or future .. at least there is documentation now
      Apr 29
    • Microsoft / Sales
      FUPM

      MicrosoftSales

      PRE
      Connection, Allstate Financial Services, LLC
      FUPMmore
      What company do you work for? Makeitbig?
      Apr 29
    • MSFT 👍
      Apr 29
  • Wish jeano
    I had bad exp with talking to their recruiters, seems like none of them knows their business model. I asked very common questions like who do you work with and how do you want to scale other than being considered as a chat app, she responded “We are not a chat app, and ... why would you ask?”
    Apr 278
    • Oracle gamex
      what are you smoking?
      Apr 27
    • Microsoft 🐁Pinky😜
      The "how do you plan to scale" question is valid. The question about them being a chat app isn't. If you asked a recruiter they probably checked you off their list and moved on. You wasted their time and yours by not researching anything about their product before the call.
      Apr 28
    • Intuit readyTo🔥
      How is wish going to make it? I bought a few things off Wish. Never. Again.
      Apr 28
    • Wish ?
      Apr 28
    • Intuit readyTo🔥
      It’s an app with product listings with beautiful photos but is knock off garbage from China. Has everything from Rubik’s cubes to wedding dresses. Things rarely come as described. Also it takes weeks to get here.
      Apr 28
    • Wish jeano
      You don’t have to, you’re not target user anyway
      Apr 28
    • Wish jeano
      I think whole thread are talking about they are no more than a chat app, I don’t feel anything wrong with saying that. That’s based on reading and research. It’s their recruiters’ job to convince me what they truly are or develop as, they contact me, not the other way.
      Apr 28
    • She probably didn’t have time to explain .. There is a line out the door to get in
      Apr 28
  • Adobe tetr@
    Teams is so much better than Slack for collaboration and for those who are already in the O365 ecosystem. The thing integrates beautifully.
    Apr 287
    • U r kidding rt ?
      Apr 28
    • Uber Yol0$
      No he's not kidding. I agree. Slack is inferior
      Apr 28
    • Adobe tetr@
      If you have used both Slack and Teams, you would know the answer. Teams is significantly superior to Slack when it comes to collaboration.

      Here’s a few things: editing office documents within the app, scheduling meetings including a channel and also booking rooms, video calls with a group, a central view of all documents across all Office apps that you have edited or accessed recently. There are several more examples. Slack just falls short in all these areas.

      On the cosmetic front, Teams has had dark mode since like forever. Slack just keeps defferring it. On the flip side I totally hate Teams' lack of good keyboard shortcuts. For a company whose products are landmines of shortcuts, Teams is an outlier.

      I will give it to Slack for disrupting the communication space, but they are not large enterprise ready.
      Apr 28
    • Uber Yol0$
      And they cost more than Office 365 suite. No thanks
      Apr 28
    • Adobe tetr@
      Yes the pricing is crazy. It's a matter of time before companies that cannot afford both solutions opt for one, and when that happens Slack may be on the chopping block.

      The only thing preventing Teams from replacing Slack is an anti Microsoft mentality than the product itself
      Apr 28
    • Teams will end up like google plus
      Apr 28
    • Uber Yol0$
      More people already use Teams more than Slack
      Apr 28
  • PayPal pplw
    I think MSFT teams is ready to kill this
    Apr 272
    • VMware / Eng
      PJLD43

      VMwareEng

      BIO
      Sr MTS.
      PJLD43more
      We have paid for all of them and only end up using slack
      Apr 27
    • Apple Snut Ella
      Slack is probably better. It’s also largely irrelevant. Teams doesn’t have to be better, it only needs to be good enough. And it is. Why would I buy a third party app with its inherent operational costs and security and compliance concerns when 90% is already included in my enterprise stack?
      Apr 28
  • Tesla uhhyhhgh
    Mattermost on prem is free.
    Apr 276
    • Microsoft MMKy42
      On prem? For a chat app? Really?
      Apr 27
    • Uber YouBeer
      Uber built internally
      Apr 27
    • Tesla uhhyhhgh
      Not sure what’s the point building something new which already exists, open source and works just fine.
      Apr 27
    • Uber zzzz5
      Yes, really. Hipchat was failing all the time because of too many users. Slack wasn't interested in supporting large customers then. So Mattermost was selected but even it wouldn't scale without internal engineering work to sup it up.
      Apr 28
    • GrubHub / Eng
      lumpydog

      GrubHubEng

      PRE
      Qualcomm
      lumpydogmore
      Bc uber needed something that deleted messages for plausible deniability
      Apr 28
    • Amazon damned
      Amazon is the same way doesn't trust other companies with any data. That's why slack is on the unapproved software list ( and because they're cheap af)
      May 2
  • Roku
    ⛽️

    Roku

    PRE
    Yahoo
    ⛽️more
    Slack is just a chat application with first to mover advantage. There is nothing proprietary there; easy to replicate. I don’t understand why is a chat app going to be a public company. It is just one single product and not a company.
    Apr 271
    • This is correct, but their advantage is having gotten the best market share of integrations, which is what they do best.
      Apr 27
  • Uber Yol0$
    Teams is way better than Slack and cheaper. Why get Slack when you can have the whole damn Office 365 stack for cheaper??
    Apr 274
    • Oracle gamex
      teams vs slack is like Skype vs zoom. MS products suck bigtime.
      Apr 27
    • Uber Yol0$
      I use both and Teams Imo is better
      Apr 27
    • Oracle / Engwwled
      And zoom integration into slack is way way better than Skype.
      May 12
    • Uber Yol0$
      naa
      May 12
  • Cisco @/
    Ahem..there is something called Cisco WebEx Teams :)
    Apr 273
    • VMware / Eng
      PJLD43

      VMwareEng

      BIO
      Sr MTS.
      PJLD43more
      Its loosing market share.
      Apr 27
    • Amazon / Eng
      QLLw43

      AmazonEng

      PRE
      Comscore, Inc.
      QLLw43more
      Webex is even worse than Chime
      Apr 27
    • Microsoft / Sales
      FUPM

      MicrosoftSales

      PRE
      Connection, Allstate Financial Services, LLC
      FUPMmore
      Pandawanda, less blind more work into the next expansion! Come on man! PS my WOW account has been active for 13 years AND still loving it.
      Apr 29
  • Intel kkfwj
    Why not just discord that shit?
    Apr 272
    • because discord IS shit ?
      Apr 27
    • Intel kkfwj
      Not really. Best free app?
      Apr 27
  • VMware / Eng
    PJLD43

    VMwareEng

    BIO
    Sr MTS.
    PJLD43more
    Slack is currently facing a backlash from 9penaource folks
    Apr 272
    • Amazon munk
      Gesundheit
      Apr 27
    • VMware / Eng
      PJLD43

      VMwareEng

      BIO
      Sr MTS.
      PJLD43more
      No idea what your are trying to say.
      Apr 27
  • Intuit urd jfuj
    hopefully the IPO lets them write a mac app that isn't Electron based

    https://medium.com/commitlog/electron-is-cancer-b066108e6c32
    Apr 270
  • from Slack's S-1:
    - >65 companies in the Fortune 100
    - Net Dollar Retention Rate was 143%
    - >1,500 3rd-party apps in the Slack App Directory
    Apr 284
    • Microsoft / Sales
      FUPM

      MicrosoftSales

      PRE
      Connection, Allstate Financial Services, LLC
      FUPMmore
      One of my fortune 100 clients is fully deployed on teams and have a few groups using free slack... sure they may be one of those 65... but are they making any money?
      Apr 29
    • Gazillions .. All 65 are paying customers
      Apr 29
    • Amazon b8t46b
      That stat regarding >65 companies is misleading. There may be select teams within 65 of the Fortune 100 that use Slack (some product dev/engineering teams), but they certainly have not rolled out Slack enterprise-wide within those 65 companies. Slack has not cracked the enterprise space yet and will have difficulty doing so when Teams is free. They will need to convince the central IT department within large companies that their product is THAT much better than Teams that it's worth paying for while Teams is free. This will be a tough sell since most ppl outside of product/engineering teams probably don't really care too much about which product they use. My guess is that Slack will probably dominate the SMB space while Teams controls the Enterprise side
      Apr 29
    • And with that completely random assessment this thread is officially closed !👍
      Apr 30
  • Slack ecOe00
    lol op DEFINITELY works on teams
    Apr 271
    • Good for him. They have lot of work to do :)
      Apr 27
  • Facebook TooLazy
    16B is too high for the financials
    Apr 270
  • Western Union 30ssss
    Combined worth of people commented here would be more than 400 mil.
    Apr 271
    • Nah .. we aint worth shit ! We just think we know shit but simply passing time on a weekend :)
      Apr 27
  • VMware UNOL42
    I’d like to see ZM grab em and unify their two products.
    Apr 271
  • Veritas qGcX07
    Slack is fun. It slowly replaces email application too. Already most of them have moved from Skype/Jabber
    Apr 283
    • There is no question slack will thrive .. the real question is will email survive ?
      Apr 28
    • Veritas qGcX07
      I guess we still need email to notify people important things, notify meetings, schedule meetings etc. Just that slack need to bring its own email app (integrated to slack) that addresses all of these.
      Apr 28
    • Chase McJU43
      All Slack/Teams and even Skype does is move the conversation from email to another communication format. I am old (over 40) and think there is a place for both email and Teams/Slack. I like Teams/Slack for immediate response, email for preservation.
      Apr 30
  • Zillow Group drunkenly
    What is slack ?
    Apr 273
    • Zillow Group BtxShR
      yet another chat
      Apr 27
    • Amazon / Eng
      QLLw43

      AmazonEng

      PRE
      Comscore, Inc.
      QLLw43more
      No that YAC
      Apr 27
    • Adobe tetr@
      It's a startups version of Teams
      Apr 28
  • Lyft fcz7
    The loss is appalling...
    Apr 272
    • Uber Yol0$
      says two guys working for companies with much bigger losses lol. But I agree Slack has no infrastructure costs like Lyft/Uber
      Apr 27
    • Lyft fcz7
      No innovation either
      Apr 28
  • Netflix Nqac32
    AIM for business. It's time for AOL to make a comeback!
    Apr 280
  • Daimler fNvW37
    Slack is nothing special. It’s for slackers
    Apr 280
  • Microsoft Redmond49
    They are dead already, just don’t know it.
    Apr 270
  • Splunk Fixxxxxxer
    Considering AOL instant messenger is still a better product than slack. I'm happy to seem them struggling.
    Apr 270
  • Deloitte / CreativeFHAs14
    Netflix, Amazon, Tesla and a host of others lose money—and no one cares. So Slack will
    Be 👌.
    Apr 270
  • Intel Hunting
    Seems to me many startups are having bubble valuations...single product, making losses, high valuations...
    Not only slack...look at Nutanix and Pure storage...and they have hardware to sell.
    Slack is better off as its a pure software play...
    but I often wonder why one would pay for these services...
    Apr 270
  • Microsoft Dxog01
    Yammer will displace slack and teams in 2020.
    Apr 286
    • Lol !!
      Apr 28
    • Uber Yol0$
      Microsoft doesn't back Yammer enough so this won't happen. Don't believe me? Why did they take the instant messaging feature out of Yammer? Oh right bc Teams would be doing that after it was integrated. Still waiting for integration.
      Yammer is a replacement for email and thus it is a much harder sell for teams to use it (and understand it initially). Yammer must be dictated top-down from management for it to be adopted. That being said, I love Yammer and wish everyone would use it
      Apr 28
    • Microsoft 🐁Pinky😜
      @Yol0$ He was trolling. Practically nobody uses Yammer.
      Apr 28
    • Microsoft / Sales
      FUPM

      MicrosoftSales

      PRE
      Connection, Allstate Financial Services, LLC
      FUPMmore
      Only SJW at Microsoft use Yammer nowadays.
      Apr 29
    • Yammer got the hammer 😆
      Apr 29
    • Chase McJU43
      Said nobody ever
      Apr 30
  • Fareportal yHaA87
    Team is not bad but I am worried about adoption we are very productive with slack. Also we are using office 365 sharepoint (useless) and all due to cost cutting we will switch to teams. Anyway Teams is so dull I don’t know who designed it.

    even color of team scream do not use not collaborate who put grayish blue color to background
    Apr 271
    • Uber Yol0$
      SharePoint sucks until you have to deal with Google drive and Confluence. Then you will kill to get SharePoint back
      Apr 28
  • Susquehanna International / EngKristaps11
    What are their main overheads in terms of cost?
    Apr 271
    • SAP Man
      Project Managers.
      Apr 27
  • They have models for teams, but no revenue model for freelancers. I tried to find a paid plan that would work for me, but was advised to stay on the free plan, as they don’t have a good plan for freelancers. In other words, they discouraged a willing customer from paying them!
    Apr 270
  • Netflix Nqac32
    Anyone here from Slack? How many engineers does Slack employ these days?
    Apr 272
    • An army and another army supporting from outside the company.
      Apr 27
    • Slack CJRs12
      Several
      Apr 29
  • #buyout is what they’re hoping for, specifically from CRM, SAP, FB, who are dramatically lacking a good chat tool for businesses.
    Apr 281
    • Uber Yol0$
      Yeah Salesforce or Google would be a good acquirer, if not Microsoft
      Apr 28
  • Deloitte / CreativeFHAs14
    Yammer 2019
    Apr 280
  • Uber / Eng
    uberipo

    UberEng

    PRE
    Google
    uberipomore
    The stock will pop and perform well. You can short if you think it sucks...
    Apr 270
  • Microsoft
    RIFraf

    Microsoft

    PRE
    Google, Amazon, Apple
    BIO
    RIF relatable AF
    RIFrafmore
    Microsoft going to bail I mean buy them out
    Apr 289
    • They have been trying hard .. I think very little chance this will happen .. but can't rule anything out.
      Apr 28
    • Uber Yol0$
      Slack cannot survive against Microsoft
      Apr 28
    • Who said they are competing ?
      Apr 28
    • Microsoft / Sales
      FUPM

      MicrosoftSales

      PRE
      Connection, Allstate Financial Services, LLC
      FUPMmore
      I believe slack did.
      Apr 29
    • Slack gave them some tips for success cause they would like some competition .. some day they might get it
      Apr 29
    • Uber Yol0$
      LOL, yes they took out a full page ad in an actual newspaper because they *want* competition. No company in the world in their right mind would want competition let alone the most valuable company in the world rn. Are you high?
      Apr 29
    • Lol !! companies must invite and embrace competition ALL the time .. thats how you build best of the breed products.
      Apr 29
    • Uber Yol0$
      Riiight. Man Companies love competition 👌
      Apr 29
    • You finally got it bud .. At least the good ones thrive on it.
      Apr 29
  • ITG / IT
    QMbS26

    ITGIT

    PRE
    Virtu Financial
    QMbS26more
    Workplace by Facebook has also gained lot of momentum in the last 2-3 years.
    Apr 283
    • Uber Yol0$
      Yeah, but it has the same problem as Yammer. People don't understand its purpose
      Apr 28
    • Microsoft 🐁Pinky😜
      I work at Microsoft and I don't understand Yammer's function lol. I don't know anyone who uses it. Teams has much better adoption.

      I can't imagine trusting Facebook with any business data. Their privacy record is beyond abysmal.
      Apr 28
    • Uber Yol0$
      Yammer is actually a good tool to replace email wholesale. But it requires some lite training and a commitment by the whole team to use it in lieu of email. It is an amazing email replacement
      Apr 28
  • Amazon MsSanchez
    Amazon Chime anyone??? :-)
    Apr 272
    • Cisco kFzr25
      Really ? Amazon will end up using it for internal purpose only
      Apr 27
    • Amazon tzchar0
      Have not met a single person who likes chime
      Apr 27
  • New Gjoq36
    Should it be a law to show minimum 2 years of profit before an IPO comes into the public market?
    Apr 272
    • Uber / EngR2dswgt
      Amazon would never have IPOed then
      Apr 27
    • Salesforce / EngaTicTac
      Apr 28

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