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Slack made 140m in the first quarter of this year, their valuation is based on how fast they've grown their business and how fast it continues to grow. They don
by hilbertseries 7y ago
Slack made 140m in the first quarter of this year, their valuation is based on how fast they've grown their business and how fast it continues to grow. They don't sell ads, they sell seats, they're a SAAS company. 16B is not insane for a company that has grown revenue at their pace and continues to grow revenue.
- baybal2 7y agoThey don't make money on the prime majority of their users, nor the bills for slack are particularly high. The digits simply don't make sense there.