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Yeah, this is one of the biggest ripoffs of the post-2008 bullmarket. Reminder that the valuation was 24 times Slack's estimated 2021 revenue. 24 times. At the
by mamonster 4y ago
Yeah, this is one of the biggest ripoffs of the post-2008 bullmarket. Reminder that the valuation was 24 times Slack's estimated 2021 revenue. 24 times. At the time Slack had about 140,000 paying customers IIRC, so one other way to look at it is that Benioff paid about 200k per paying customer.