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Slack Raises $160M Series E at $2.8B Valuation

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Re: Slack Raises $160M Series E at $2.8B Valuation

#12
post #2

How did Slack blow up so quickly? I remember when I first read about it on TheVerge, that same morning the head of our sales team messages the CTO and suggests our company try it out. Next thing I know, every other company is using it. From my perspective, it went from nothing to huge success overnight.

It's just a great product that is viral by nature. The chat itself is nothing revolutionary but the ease of third party integrations into an everyday environment blows comparisons out of the water.

Re: Slack Raises $160M Series E at $2.8B Valuation

#15
post #9

This is pretty surreal for me. I tried out Slack briefly when they first allowed the public to request accounts. Made a mental note "cool", and moved on. The next year or so I started to see a lot more teams/companies that were getting on the Slack hype-train, and now this. Huge props to the team on this valuation but I'm still quite confused.

Yeah, I agree completely. I really don't see the value compared to the alternatives.

Re: Slack Raises $160M Series E at $2.8B Valuation

#18
post #6

Earlier quoted context omitted.

I'd certainly find some analysis of this interesting to read. Campfire was popular throughout my more technical social groups up until a couple of years ago but never came close to the intensity around Slack. I imagine having a rather powerful free plan helped a lot, although Hipchat might disprove that.

Yeah, but the consensus seems to be that Atlassian ruined HipChat. I'm not sure if that's true, but everyone I know that switch lists that as a top reason.

Been using HipChat for almost 3 years (so I believe, pre Atlassian, and post.)

It seems well suited to purpose, and works fine for me. The only gripes I have are minor (for instance, their iOS offering has this infuriating behavior that it will notify you for direct messages, and throw up the old red dot on the app icon, but then provide no ability to see where the message came from when you open the app.)

In light of how well it works, I am mystified as to how slack has managed to come in to the exact same space and carve out such a massive valuation. If there was ever an industry ripe for disruption, the "modern chat client with goofy icons that allows you to post gifs and search your chats without arcane IRC syntax" did not seem like one to me.

Re: Slack Raises $160M Series E at $2.8B Valuation

#20
post #2

How did Slack blow up so quickly? I remember when I first read about it on TheVerge, that same morning the head of our sales team messages the CTO and suggests our company try it out. Next thing I know, every other company is using it. From my perspective, it went from nothing to huge success overnight.

I'd certainly find some analysis of this interesting to read. Campfire was popular throughout my more technical social groups up until a couple of years ago but never came close to the intensity around Slack. I imagine having a rather powerful free plan helped a lot, although Hipchat might disprove that.

> Campfire was popular throughout my more technical social groups up until a couple of years ago but never came close to the intensity around Slack

Slack is a substantially better experience than Campfire

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