And they came up with multiple, solid revenue models
I remember when other companies took off and they never had a plan on how to make money
And they renegotiated contracts
Not quick or easy to do
And they relocated the company
To a highly visible location
And they added a ton of users
Why is that last point a big deal
It's typically what the market quickly reacts to
With a lot of companies it doesn't even matter if those users are free
Just that you have a lot of users with some paying of course
Microsoft announces they have 20M active daily users and now the sky is falling on slack
There is always going to be competition and Slack investors know it
Market Cap was over $20B and now above $11B. I guess they will survive.
They have 12 million active users.
I'll do the quick math
That's a Billion in cap for every 1 million users
Almost a 1 for 1
Yup, not the way to evaluate a company
Microsoft has 20M users and worth a Trillion, but as a lot more products
Slack as kind of one and starts for $0, but you can buy the standard solution for $6.67mo or plus solution for $12.50/mo when you buy annually
Pretty inexpensive which is why you have to sign up a lot of users and hope that some will pay.
This is why I love to see VERB user base grow and why I posted the potential users from the Learn side. Get close to 1M users and investors will start to notice the company more.
Read the article below because it does talk about video. Now if VERB announces they integrated into a platform that has a ton of users...
Per the Q3, an update is coming...
"Yes. Okay. And finally, can you give us an update on your OEM relationships with, I don’t know, Microsoft, Salesforce, Netsuite, any environment. I’m curious, which integrations are going better than others and when your interactive video technology might be an option for sale for those platforms?"
"Yes. As I said at the beginning of the call, I’m intending to give a pretty comprehensive update on that as we get to the end of the quarter. Because, rather than just talk about what we’re trying to do on what’s coming, I want to show what we actually have."
Slack's stock plunges after Microsoft says Teams has 20 million users
https://www.cnn.com/2019/11/19/tech/slack-sto...index.html
I remember when other companies took off and they never had a plan on how to make money
And they renegotiated contracts
Not quick or easy to do
And they relocated the company
To a highly visible location
And they added a ton of users
Why is that last point a big deal
It's typically what the market quickly reacts to
With a lot of companies it doesn't even matter if those users are free
Just that you have a lot of users with some paying of course
Microsoft announces they have 20M active daily users and now the sky is falling on slack
There is always going to be competition and Slack investors know it
Market Cap was over $20B and now above $11B. I guess they will survive.
They have 12 million active users.
I'll do the quick math
That's a Billion in cap for every 1 million users
Almost a 1 for 1
Yup, not the way to evaluate a company
Microsoft has 20M users and worth a Trillion, but as a lot more products
Slack as kind of one and starts for $0, but you can buy the standard solution for $6.67mo or plus solution for $12.50/mo when you buy annually
Pretty inexpensive which is why you have to sign up a lot of users and hope that some will pay.
This is why I love to see VERB user base grow and why I posted the potential users from the Learn side. Get close to 1M users and investors will start to notice the company more.
Read the article below because it does talk about video. Now if VERB announces they integrated into a platform that has a ton of users...
Per the Q3, an update is coming...
"Yes. Okay. And finally, can you give us an update on your OEM relationships with, I don’t know, Microsoft, Salesforce, Netsuite, any environment. I’m curious, which integrations are going better than others and when your interactive video technology might be an option for sale for those platforms?"
"Yes. As I said at the beginning of the call, I’m intending to give a pretty comprehensive update on that as we get to the end of the quarter. Because, rather than just talk about what we’re trying to do on what’s coming, I want to show what we actually have."
Slack's stock plunges after Microsoft says Teams has 20 million users
https://www.cnn.com/2019/11/19/tech/slack-sto...index.html
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