I think the TLDR is slack is a simple Multi-Tasking Problem Solving Requires Coffee Will Travel Architectural Draftsman Contents May Vary In Color Shirt. And Microsoft has a captive audience of office users who would stay in the ecosystem if given the choice. That said I’m a slack user because I didn’t use Microsoft products really. Any prospects for somebody to buy slack? Atlassian? Google? I read google is relaunching a new teams/slack competitor so maybe they’re not interested in buying slack just for the user base. I have Gsuite so I could see using that. It could have been but Google has fucked up so many shots at messengering.
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Then that means someone would acquire the Multi-Tasking Problem Solving Requires Coffee Will Travel Architectural Draftsman Contents May Vary In Color Shirt. Surely a team of 20 people could build a comparable chat set up in 6-12 months for way less than 10B. So what’s the long play here, 50million DAU maybe? What percentage are paying the $5/mo? I just don’t see much growth ahead. They would need to run the Evernote model. And just accept being a small niche business whose growth days are behind them. Few companies accept that fate because investors don’t want to be in a small-cap value company.
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