Slack did not provide an update to its daily users on Wednesday, but instead painted Microsoft's numbers as the result of Microsoft killing older products and "force migrating" users to Teams."Now that Skype for Business users are being force-migrated to Teams, it's reasonable to expect more of the same. Unless they hit a snag, we'd expect them to announce 50 million in the next six months and then 100 million within the next year," Butterfield continued.
Daniel Ives at Wedbush Securities told Business Insider that the underlying guidance is disappointing and that combined with the Microsoft numbers will prove to be a "tough hurdle" going forward. "Right now that's the dark shadow over the company — Microsoft," he adds. Slack co-founders Cal Henderson, left, and Stewart Butterfield pose for photos outside the New York Stock Exchange before their company's IPO, Thursday, June 20, 2019. that could make it more difficult for Slack to compete.
"We've continued to add Office 365 using enterprise customers at the $100,000 plus level and at the $1 million-plus level. Just as you can expect more Skype for Business users forced over to Teams, you could expect more of these customer wins from us as well," Butterfield said.
SAI Did the CEO offer any path to a profitable quarter at any point in the future?
Oh man someone’s triggered. Slack is a terrible platform, I can see why he’s upset.
I've seen this episode of Silicon Valley already.
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