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I get your point, but a) Slack has 5x as many employees, global market share, consumer ubiquity, etc. It’s simply a bigger entity (in the same way that Home De
by ojnabieoot 6y ago
I get your point, but
a) Slack has 5x as many employees, global market share, consumer ubiquity, etc. It’s simply a bigger entity (in the same way that Home Depot is a more ‘boring’ business than slack but 15x larger in valuation)
b) Boston Dynamics is in many ways a research lab rather than a for-profit company. In research and the arts, things might be nominally inexpensive but their real value is priceless.
- bombcar 6y agoThings have value for different reasons - Home Depot has value for its stores and employees: even though it is relatively conceptually simple to build retail outlets and hire people to staff them it still is a major undertaking that takes time. A place like BD is mainly valuable for the knowledge and capabilities of the existing employees/technology. Being bought for the users (as with Salesforce buying Slack) vs being bought for the knowledge and tooling (many of Apple’s acquihires come to mind).