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Slack Said to Draw Interest from Amazon

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Re: Slack Said to Draw Interest from Amazon

#31

Fascinating. Amazon generally only does acquisitions of small companies for core technologies or teams; they've historically been great champions of the "not invented here" philosophy. This would be a radical departure from that pattern.

It's not that weird. It makes sense. It would be a good acquisition, a lot of people use aws and slack.

Re: Slack Said to Draw Interest from Amazon

#32

Fascinating. Amazon generally only does acquisitions of small companies for core technologies or teams; they've historically been great champions of the "not invented here" philosophy. This would be a radical departure from that pattern.

It's not that weird. It makes sense. It would be a good acquisition, a lot of people use aws and slack.

Re: Slack Said to Draw Interest from Amazon

#33
post #27

Earlier quoted context omitted.

Amazon teams and products often compete against each other. It's like how they have both Prime Now and AmazonFresh as grocery delivery services.

PrimeNow doesn't do groceries does it? How is this cross-competition?

Prime Now delivers produce and other perishable goods, though the selection is not as large that of Amazon Fresh.

Re: Slack Said to Draw Interest from Amazon

#35
post #5

Starting off at a new company this past week, and realize a lot of commerce happens on Slack. Whether it's deciding what monitor to order, the best shows to watch on TV or what live events are happening that weekend. Amazon could see this as a way to capture some value generated there. Also, an easy way to get companies signed up w/ Amazon Prime!

This is an interesting take on the motivation. Amazon has shown that they're interested in building their own private labels in certain verticals. That trend coupled with the talk about "social shopping" and I can start to buy into the idea that this deal could possibly originate from somewhere other than AWS.

Re: Slack Said to Draw Interest from Amazon

#36

Selling Slack seems like a mistake. It's so ubiquitous. I'd be interested in buying stock in Slack if they IPO. Snapchat was in a similar situation, and four or so years ago when they turned down Zuck's ~$5B offer everyone was saying what a silly mistake it was not to sell. How could Snapchat possibly make money? And think of all the disheartened employees whose shares would've been worth something. Turns out there's…

Yeah, so, you think you can affect the world more through slack or through $9 billion on your own? If you have even a few hundred million dollars to your name, even a few million really, you can work on whatever project you want on your own. If you have more money you can even work on things for years without having to worry about making a profit. And that's hugely powerful.

As much as I hate the trend of companies gobbling up other companies, slack is a bad example here. Almost certainly everyone involved would be better off if a sale happened.

Re: Slack Said to Draw Interest from Amazon

#37

Selling Slack seems like a mistake. It's so ubiquitous. I'd be interested in buying stock in Slack if they IPO. Snapchat was in a similar situation, and four or so years ago when they turned down Zuck's ~$5B offer everyone was saying what a silly mistake it was not to sell. How could Snapchat possibly make money? And think of all the disheartened employees whose shares would've been worth something. Turns out there's…

I don't know, to me $9B seems like a lot of money for a glorified IRC client built on web tech. Sure, you don't pay for the tech, but in the end you can do a lot with that kind of money. Elon Musk sold his first two businesses to get the funds to start what he really wanted to do.

We don't know where Oculus would be without FB, i would argue they are better off because they are creating a new market and are in a capital intensive business. The VR market is still slow overall. Without FB, they could have already run out of breath or cut corners on the product.

Re: Slack Said to Draw Interest from Amazon

#38

Selling Slack seems like a mistake. It's so ubiquitous. I'd be interested in buying stock in Slack if they IPO. Snapchat was in a similar situation, and four or so years ago when they turned down Zuck's ~$5B offer everyone was saying what a silly mistake it was not to sell. How could Snapchat possibly make money? And think of all the disheartened employees whose shares would've been worth something. Turns out there's…

Except Slack doesn't have any new ideas behind it. It's just another chat app. And just like other popular chat apps of yesteryear, it's a fad that will pass.

Re: Slack Said to Draw Interest from Amazon

#39

I would think Discord was a better fit for Amazon. 1. Great fit with twitch. 2. Seems like it could be "forked internally" and reskinned to compete with slack in the business space too.

To your second point, I already use Discord over Slack at work. It is better in every way that matters. Some open source communities are feeling it out too.

Re: Slack Said to Draw Interest from Amazon

#40

I would think Discord was a better fit for Amazon. 1. Great fit with twitch. 2. Seems like it could be "forked internally" and reskinned to compete with slack in the business space too.

Discord is the better app at this point. Even for business use. But Slack from an acquisition POV must be different. They have revenue, traction, and that all important paying subscriber base. It's like everyone has always said. Slack is just a chat app. It's not about the app, but rather, what they achieved with it.

I love discord so much part of me wants Amazon to buy Slack just so it would kill it (or MS or Verizon or anyone who tends to not know what to do with things).

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