Slack Company Report

Company Report: Slack“Be less busy”

• Project Communication Software

• Integrates with other Apps/Services

• Allows quick searching

Mobile appsDesktop App

Web App

Financial Info

• Raised 6 rounds of funding so far

• Evaluated at 1.1 billion after latest round of funding

• Claim to be adding $1 million of yearly recurring revenue each month

History

• Spun out of an internal tool at a game company (Tiny Speck)

• Founded by Flickr Cofounder Stewart Butterfield

What’s hot?

• Growing very fast

• Integration - really core to making them stand out

• Searching and keeping everyone up to date

Secret Sauce

• Interviewing and watching how creatives and engineers work

• Paid attention to PR and not only getting articles, but getting people to share

• Make things “fun”

• New ways to have paid plans

• Complete accident, and almost ran out of funding

• Founder - “I have no ****ing idea why we are so popular”

Competition

• HipChat

• Yammer

• Google Hangouts

• Mostly messaging clients

My Thoughts

• Will succeed

• Track record and talent of employees

• Slower, but continuous growth rate