it's trading quite cheap 50$ and it certainly is a great product I believe in Apart from that, what does one think of their financials? Are they doing good? #investments #personalfinance
I've heard they've had strong competition from Microsoft Teams which has affected their growth in the last few years. They did strike a deal with Amazon/AWS. If they are able to leverage that maybe they could convince more companies integrated into AWS ecosystem to pay for them.
Gotta keep an eye on those prospects. I plan to hold for a long time though
Didn't they announce a deal to be bought by Salesforce? Isn't the stock trading at whatever the proceeds from that transaction will go for?
my only concern here is Slack driving its growth as per Salesforce expectations, not sure how it'll pan out for Slack
Yes I’m confused- why’s it still listed? Don’t it turn into WORK?
I consider slack as warren buffets coca cola moment lol. a product i really admire lol 😂 hence the need to invest long term
has anyone tried out their competitors? i may be biased bcz of lack of knowledge about their competitors
Teams is the big competitors and it sucks big time
No point in buying it. Salesforce stuck a deal to acquire slack so the price won't be changing.
ah at first i thought why is slack even publicly listed? assumed it must be something of stock market I'm not aware of
Not good
25 billion for a messaging app is a lot
i think whatsapp set that benchmark?
there was an analysis on their valuation and the numbers turned out to be correct apparently