Slack CEO Stewart Butterfield "understands the product to a level of sophistication that I have not seen since Facebook," said Palihapitiya, who previously led user growth at Facebook and is now the CEO of Social Capital.
"When I was in the bowels of Facebook building that machinery, what I saw was a team that really understood product-market fit and the power of network effects and why that created an incredibly subsidized business, a thing that could expand all over the world at marginally zero cost," Palihapitiya said. "The only company in the world that looks like that today that is not yet public is called Slack, and it will be soon.
Shocking coming from an ex slack board member
Coming from the same guy who said Bitcoin will hit $50K
The user interface does not look like Facebook the company isn't even run like Facebook. Stop the bullshit!
I love this guy
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Slack valued near $17 billion on secondary market ahead of public offeringSlack investors are getting up to $28 a share to sell some of their holdings ahead of a public offering. I have no idea of SlackHQ’s financials going into the IPO, but I use it everyday and find it amazing w/ the simple chat layout and integration capabilities SaveThisTweet
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