News for hackers. Stuff that matters.

A comment on Slack’s Shares Plunge After It Predicts a Larger Loss. Parent comment

Re:Slack’s Shares Plunge After It Predicts a Larger Loss by tantalor on Thursday September 05, 2019 @10:07AM (#20886775)
> it had created a new category of software

Let's check that timeline of team chat apps...

2006 - Campfire launches (now part of Basecamp)

2010 - Hipchat launches

2013 - Slack launches

[ Parent | on HN ]
Re:Slack’s Shares Plunge After It Predicts a Larger Loss by dboreham on Thursday September 05, 2019 @10:14AM (#20886842)
1980 - usenet launches
[ Parent | on HN ]
Re:Slack’s Shares Plunge After It Predicts a Larger Loss by teddyuk on Thursday September 05, 2019 @10:18AM (#20886877)
a few million years bc - one dinosaur grunts to another
[ Parent | on HN ]
Re:Slack’s Shares Plunge After It Predicts a Larger Loss by throwaway_law on Thursday September 05, 2019 @10:50AM (#20887257)
Just goes to show the market can stay irrational longer than your species can continue to exist.

At the end of the day Slack is a SV unicorn that went public without turning any profit. I believe they marketed this in their S-1 as a "loss-making" company...who does the market think it is anyway trying to act rational.

[ Parent | on HN ]