Facebook stock took a dip from an opening of $38 down to $18. Its now at $170. I’m holding. Too much network effects and it’s really hard to rip and replace. Until Microsoft makes a better mouse trap (remember, they never do) slack will win.
Not arguing that slack can't beat Microsoft, but using FB is not a good example. Plenty of stocks take a dip and keep dipping, and plenty stocks soar after the IPO and never look back. Slack is worth what it's worth. If it's really going to increase it would already be trading there
Agree with everything you said except your last sentence since no one knows the future and using your logic, Facebook would have always been at the price it is today even back then. I agree though—things change and dips and highs will occur. However this is a long game for me and I bet long on this company based on how much adoption it has and the ubiquitousness of this product worldwide.
I think it’s fine generally. Obviously some people held on to the stock thinking it’d go even higher, but I think the higher ups did a good job educating us about the inherent risks of the stock marker. Morale is fine and even the current share price is way higher than some people got hired on, and about at the level set by initial market expectations.