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Slack Said to Draw Interest from Amazon

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Re: Slack Said to Draw Interest from Amazon

#82

Serious question..... but also more me fleshing out my thoughts on messaging apps.... What is the point in buying a messaging app? - instant messenger - ICQ - Skype - Yammer - WhatsApp They all seem to be popular for a short time and then fad away. What does owing one of these get a company? The case against owning them is that they all go out of favour and you only have a small window, say up to 5 years, where your…

To be honest most of those faded because they let the product fade.

Re: Slack Said to Draw Interest from Amazon

#83

I hope they do not buy it but I am afraid they will. I am somehow sick of these companies that do not generate enough profit to sustain themselves and have to be bought by oligopolies like Amazon.

Is Slack actually unsustainable? They take in more than $150m in revenue a year at this point.

Well this is what I do not know. I am not an investor nor a shareholder but I suspect a single niche product is not that appealing.

How long will it take for Facebook/Google/Microsoft to get a good enough product and release it for "free" ? I am not sure but I think it will be hard for slack to diversify its portfolio.

Would Twitch survive against Google's YouTube gaming if it would not get acquired by Amazon ?

Re: Slack Said to Draw Interest from Amazon

#84
post #76

Earlier quoted context omitted.

They might be less interested in the app itself, and more interested in the giant corpus of conversation stored therein.

Is all data on slack just available for viewing? If it were so I think its customers would have raised this as an issue by now.

You can go back through all of history in all Slack conversations as long as you pay the subscription fees, so yes. I'd expect Slack to put older conversations into cold storage too.

Re: Slack Said to Draw Interest from Amazon

#86
post #76

Earlier quoted context omitted.

They might be less interested in the app itself, and more interested in the giant corpus of conversation stored therein.

Is all data on slack just available for viewing? If it were so I think its customers would have raised this as an issue by now.

You mean available to slack? Ofc, how else would search work?

Re: Slack Said to Draw Interest from Amazon

#88

Serious question..... but also more me fleshing out my thoughts on messaging apps.... What is the point in buying a messaging app? - instant messenger - ICQ - Skype - Yammer - WhatsApp They all seem to be popular for a short time and then fad away. What does owing one of these get a company? The case against owning them is that they all go out of favour and you only have a small window, say up to 5 years, where your…

I think of all of those WhatsApp has been the most successful both in terms of moat defense purposes and it still has the potential of turning into something like WeChat or LINE (or what they're doing with FB Messenger itself) with its own monetization.

For Skype I think it was mostly about rounding out the office suite, MS doesn't want anyone else getting a toehold in workplace collaboration and expanding from there - if you get real classical about it MS Office is the true DNA of the company even more so than Windows/infrastructure. Same reason they bought Yammer and why they were so early on in trying to move on Slack (with the $8B offer that Bill Gates intervened in and shot down).

[Edited slightly for clarity]

Re: Slack Said to Draw Interest from Amazon

#89
post #70

Amazon's been a prudent steward of its cash and shareholder value. I'd be really surprised if it spent this sum over Slack & encourage Bezos to go get his head checked. Messaging platforms come and go. Many better ways to spend $9B for Amazon.

They might be less interested in the app itself, and more interested in the giant corpus of conversation stored therein.

Which brings the point, who would ever sign on to use Slack/continue to use Slack when Bezos & Co. could be scouring through your sensitive company conversations?
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