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Slack seems like a great product but here are some interesting facts: - Atlassian has more than 10x the revenue of Slack[1] - JIRA and Confluence account for
by ryanackley 11y ago
Slack seems like a great product but here are some interesting facts:
- Atlassian has more than 10x the revenue of Slack[1]
- JIRA and Confluence account for substantial amount of Atlassian's revenue. Two products that don't even compete with Slack[2].
I think Slack is a current silicon valley darling so people love to make this comparison but it doesn't directly compete with Atlassian's core business. It also has an order of magnitude less revenue.
[1] http://www.businessinsider.com/slack-expects-30-million-revenue-2015-7 http://www.businessinsider.com/slack-expects-30-million-reve...
[2] https://www.sec.gov/Archives/edgar/data/1650372/000155837015001685/filename1.htm https://www.sec.gov/Archives/edgar/data/1650372/000155837015...
- wslh 11y agoI really like Slack but I think it will be troubled in the short/long term in the same way Dropbox is now. It is innovative but many others will catch up it soon.
- beamatronic 11y agoIn my experience, HipChat / Jira / Confluence is a nice stack to work with. What advantages does Slack offer over these?
- wslh 11y agoI am not saying that Slack is better/worse than HipChat, I am just referring to its commercial success that I think is related to its UX. I think its success will be in trouble when new or improved offerings appear.
- Natsu 11y agoJira is definitely a pleasure to use. We only just started it a while ago and I'm often pleasantly surprised by the things I can do with it and just how convenient it is to work with. It's quite a change given that we previously used Mantis.
- ferentchak 11y agoIt has a great getting started experience and some fun gimmicks but most of the innovation was cloned from Flowdock anyways. What you are seeing is the power of a famous CEO and an awesome marketing engine powered by an experience VC.
- Systemic33 11y agoAnd sometimes that's the difference between making a buck, and making a business.
- seanlinehan 11y agoSlack and Dropbox have pretty different business models from my vantage point. Slack entered the market as an enterprise product vs. consumer. Slack was built for collaboration from day 1, so there is some amount of lock in (change management in an organization is tough). I look at Slack as being more like a hybrid of the best parts of Box + Dropbox... They have the good parts of Box's business model and the UX quality of Dropbox. And fortunately for them, they aren't in a market where the price is driven largely by the cost of the commodity hardware underneath them.
- codinghorror 11y agoI have been saying for a long time the real target of Slack is Dropbox, since it adds a ton of valuable context around files shared.
- seanlinehan 11y agoYeah, I imagine they will drive right towards each other. Dropbox is trying to get better at the whole collaboration / enterprise use case. And I have no clue about Slack's plans around document handling, but feels like a natural progression for their product. I don't think they do a great job there right now, but even something as simple as being able to add tags to uploaded documents (as opposed to free-text subject lines) could go a long way.