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Slack Said to Draw Interest from Amazon

bloomberg.com

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Re: Slack Said to Draw Interest from Amazon

#91

Post by adamrt »

dsr_ wrote: post #80
flipp3r wrote: post #65

Earlier quoted context omitted.

"The company reportedly has about 5 million daily active users, with 1.5 million of those paying for the service." * https://slack.com/pricing At least 10 million a month, I assume? Edit: "Slack has 5 million daily active users -- 1.5 million of whom pay to use the service -- and had $150 million in annual recurring revenue as of Jan. 31." from https://www.bloomberg.com/news/articles/2017-06-15/messaging...

Interesting that they derive $100 per paid user per month. I The Enterprise level pricing must be 6-10x the top team level.

I think you might be off by an order of magnitude

Re: Slack Said to Draw Interest from Amazon

#93

Post by AlexandrB »

adamnemecek wrote: post #82
chollida1 wrote: post #77

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.

I think they let the product fade because they weren't making very much money. It hard to have a vibrant product when you can't pay the rent.

Re: Slack Said to Draw Interest from Amazon

#94

Post by rrdharan »

holydude wrote: post #83
accountyaccount wrote: post #72

Earlier quoted context omitted.

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 ?

Both Google and Microsoft have already done the "release it for free" part, but it's unclear if / when the market will think the products are "good enough":

https://products.office.com/en-us/microsoft-teams/group-chat...

https://blog.google/products/g-suite/meet-the-new-enterprise...

Re: Slack Said to Draw Interest from Amazon

#95

Post by michaelt »

dsr_ wrote: post #80
flipp3r wrote: post #65

Earlier quoted context omitted.

"The company reportedly has about 5 million daily active users, with 1.5 million of those paying for the service." * https://slack.com/pricing At least 10 million a month, I assume? Edit: "Slack has 5 million daily active users -- 1.5 million of whom pay to use the service -- and had $150 million in annual recurring revenue as of Jan. 31." from https://www.bloomberg.com/news/articles/2017-06-15/messaging...

Interesting that they derive $100 per paid user per month. I The Enterprise level pricing must be 6-10x the top team level.

Pretty sure that's $100 per paid user per year - which fits with the fact they have $7/mo and $12/mo tiers.

Re: Slack Said to Draw Interest from Amazon

#97

Post by jitix »

adamnemecek wrote: post #86
jitix wrote: post #76

Earlier quoted context omitted.

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?

I'd imagine that they have separate, encrypted siloed search indexes for each paying organization. Why would someone put sensitive information on Slack otherwise?

Re: Slack Said to Draw Interest from Amazon

#99

Post by Retric »

chollida1 wrote: post #77

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…

Slack has a rather large number of paying customers for a messaging platform, so even over just 10 years you could extract quite a bit of cash directly on top of that owning platforms allows for a lot of indirect profits.

That said, if they make ~15M per month directly then up to 1 to 4 billion is probably completely reasonable purchase price. And depending on how things are evolving and internal costs etc 9B while probably high is not crazy ridiculous.

Re: Slack Said to Draw Interest from Amazon

#100

Post by adamnemecek »

jitix wrote: post #97
adamnemecek wrote: post #86

Earlier quoted context omitted.

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

I'd imagine that they have separate, encrypted siloed search indexes for each paying organization. Why would someone put sensitive information on Slack otherwise?

Doesn't seem like it

https://slack.com/security

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