![]() Currently, Slack’s share price is $45.20. Six months later, Slack finally surpassed the $26 billion mark and hasn’t looked back since. Then, after an entire year of ups and downs, the company’s market cap settled at approximately $24 billion in December 2020. By the end of 2021, Slack’s net worth was $26.51 billion.īy the end of its first year as a public company, Slack was worth $12.37 billion. Slack’s reference share price was set at $26, but it rocketed up to $38.50 on its opening. Initially, the expectations did not soar high. Slack’s trading stratagem paid off as it ended the first trading day (June 20, 2019) with a market cap amount that was three times above its last valuation before going public ($7.1 billion in 2018). In other words, Slack sold its shares without a pre-sale. Slack chose the direct listing approach instead of a more traditional IPO. Slack’s market cap amounted to $20 billion on its very first day as a public company. Slack’s launch date was August 14, 2013, though the platform had been in the making for more than four years prior to that.Īt the time of its inception, Slack was already the digital darling of a number of investors who allocated $340 million to help it hatch into the world.įun fact: Between 20, Slack was actually called “Tiny Speck”-a name that does little justice to the company’s success. When it launched, Slack was worth $2.8 billion. Slack currently has 17 active offices in nine countries across the globe. Slack started out with 80 employees and now vaunts more than 2,500.Īs of April 2021, Slack’s employee count was 2,597, which marks a 27% increase from 2020. To be fair, though, Slack has been thriving since its very beginnings. The stats below show the company has come a long way over the years, continually reaching new milestones and breaking its own records. Slack stands out as a staple of growth and productivity. Slack offers integrations with 2,000+ other tools.The messaging app’s market cap equaled $26.51 billion in 2021.“Power-users” on Slack send 1,000 messages per day.Sales teams can get up to 296% ROI from Slack.Slack generated $901 million from March 2020 to April 2021.The number of Slack employees increased 27% in 2021-it’s now 2,500.Slack’s retention rate for paying customers is a whopping 98%. ![]() 65% of the companies on the Fortune 100 list have active subscriptions to Slack.More than 12 million people use Slack every day.Slack was worth $2.8 billion when it launched.We gathered some of the most engaging Slack stats to bear in mind for 2021, so just keep on reading! The Most Telling Slack Statistics for 2022 (Editor’s Choice) With the COVID-19 pandemic forcing work-from-home arrangements on millions of people worldwide, digital communication tools like Slack and Microsoft Teams notched up their popularity score. It offered direct messaging and group chat rooms at a time when corporations relied pretty much on emails only. Finally, cross-channel posting will be coming "soon.“Searchable Log of All Conversation and Knowledge” sounds like quite the mouthful, right? Luckily for all of us online busy bees, there is an acronym for it-Slack.īack in 2014, Slack revolutionized business communication. Later this month, it plans to roll out channel moderation and priority notifications, which will ping a recipient every two minutes until a response is made. Today, it is rolling out what it's calling "announcements," which allows important news to be highlighted in a channel. In addition to the audience news, Microsoft shared some upcoming features for Teams. The only other update the company gave was back in March, when it revealed that 500,000 organizations were using the service. This is the most specific Microsoft has gotten yet with information about its group-chatting platform. That means the service is now officially bigger than Slack, an independent platform for online chatting and collaboration. The amount rises to 19 million when looking at weekly active users. Microsoft announced that Teams has more than 13 million daily active users. Microsoft Teams may have only been around for two years, but the group-chat platform is already larger than one of its main competitors. Julien GONG Min / Flickr reader comments 164 with
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