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Slack Is Going Public at a $16B Valuation

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Re: Slack Is Going Public at a $16B Valuation

#271

Just moved to Workplace by Facebook from Slack. Love it. Async communication via posts is way better than incentivized real-time for everything. edit: lol, this is downvoted? nice.

I am not sure exchanging one walled garden for an even higher walled garden is good practice.

Re: Slack Is Going Public at a $16B Valuation

#272
post #189

Just throwing out there but has Slack genuinely improved the work lives of anybody? I've used it for my past two jobs and have yet to find a way of using it that doesn't destroy my productivity or make me genuinely afraid of receiving a message and being thrown off what I was doing.

Not specific to Slack (we use MS teams) but the concept of a channel/group/team is great for white noise comms, these types of comms are going to happen (e.g happy birthday) and if it reduces email load (which means the email channel can then be kept for higher priority comms and record keeping especially for later searching), it’s a good thing IMO.

Re: Slack Is Going Public at a $16B Valuation

#273
post #243

Earlier quoted context omitted.

Remove the pejorative 'just' and the answer is an obvious uncontroversial yes. MySQL is a nicer alternative to managing really big CSV flat files on a filesystem. Facebook is an RSS, address book, message share. Etc.

Sure but if you keep following that analogy then nothing is worth anything

I mean remove the value judgement.

>nothing is worth anything

Very zen, worth rethinking the value of this statement too.

Take away the shallow value judgements like 'just' and you better get to the real quality differences.

Take away the shallow value judgements like 'just' and you start conversations about the depth of a thing instead of emotional discussions defending your positions.

Re: Slack Is Going Public at a $16B Valuation

#274
post #92
post #45

Earlier quoted context omitted.

Their moat is sticky? They were simply the first company to do hosted chat well enough that it didn't constantly piss people off. I wouldn't call that a sticky moat.

Wouldn't the Slack bot integration provide a better moat. If they can get orgs using a lot of bots for CI reporting, etc switching gets more difficult at least. Not sure how many teams get that tightly integrated with bots though.

Notifications are easy, do many companies really use more advanced bots?

Re: Slack Is Going Public at a $16B Valuation

#275
Slack usability has steadily been decreasing over time.

On desktop I am not getting the "unread" grouping but mobile I do.

The drafts feature is on both and can't be disabled.

Both of them break habits of where my channels are. It is terrible UX.

The "threads" feature on the sidebar allows you to reply to a thread but if you get a counterreply you need to click to see it. A better flow can be found if you click the channel name on top of the thread -- there's no indication like a timestamp or anything this jumps you to the thread in the channel -- and then click the thread link in-channel and then answer in the sidebar -- now the conversation flows without further clicks. Do I need to mention how terrible UX this is?

Re: Slack Is Going Public at a $16B Valuation

#276
So given a required rate of return of 5% - $16B is how much you would pay for consistent risk free, net inbound cash flows of $800m per year, in perpetuity.

One way of getting that would be 800m users generating profit after expenses of $1 each every year.

This is a chat app that is completely and totally replaceable with irc. No really it is. $800m per year in clear profit.

Is that really feasible in any way? How? What's the bait and switch here? (With facebrick it was the surveillance nobody knowingly agreed to. Is there something like that here?) Can anyone do a back of the envelope calculation to make this price make sense?

Re: Slack Is Going Public at a $16B Valuation

#277
post #108

Earlier quoted context omitted.

Chat history seems like the issue to me. My company has tons of institutional knowledge locked away in slack channels.

You could always just export all your company's slack data to preserve it and make it queryable https://get.slack.help/hc/en-us/articles/201658943-Export-yo...

Huh, good to know that exists.

Re: Slack Is Going Public at a $16B Valuation

#278
Crazy. I can't stand the software.

Experiment for slack fans: Start talking about something in a channel with ~20 people. Then ask a friend to ask another question in the same channel. What happens? A mess. You now have 2 conversations modeled with a single stream of single-line messages, with no context. One someone starts a conversation in a channel every single other user in that channel now has to wait. (or risk being pushed up past the fold, which people never scroll to)

Chat just isn't how work gets done. Or how knowledge is transferred and, most importantly, retained.

Re: Slack Is Going Public at a $16B Valuation

#279
post #189

Just throwing out there but has Slack genuinely improved the work lives of anybody? I've used it for my past two jobs and have yet to find a way of using it that doesn't destroy my productivity or make me genuinely afraid of receiving a message and being thrown off what I was doing.

No. It's a mess.

Re: Slack Is Going Public at a $16B Valuation

#280
post #189

Just throwing out there but has Slack genuinely improved the work lives of anybody? I've used it for my past two jobs and have yet to find a way of using it that doesn't destroy my productivity or make me genuinely afraid of receiving a message and being thrown off what I was doing.

Yes. I really like it. Since roughly 1998, I've done work chat on IRC, hipchat, MOOs, and a web-based chat app I built with a friend. Slack is the best of any of them.
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