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I think it is a useful way to double down on an investment. Rather than putting more money into the mothership, you bet on external tools that will help the mo
by cowsandmilk 11y ago
I think it is a useful way to double down on an investment.
Rather than putting more money into the mothership, you bet on external tools that will help the mothership grow.
It is also a way to reduce the costs of acquisition of the best integrations. If the majority of slack shareholders hold the majority of the shares in the best integration, it effectively lowers the price of acquisition to turn the tools built on slack into internal products/features.
- jamiequint 11y agoThis. $80m invested in a Slack ecosystem for these investors is likely to generate even more than that in returns (on their existing Slack equity) even if the investors never saw a dime out of the $80m invested.