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Entrepreneur and Strategy Consultant Sramana Mitra's
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Slack's App Focus Will Be Key to Post-IPO Success | Sramana Mitra

Updated 5 Years Ago

Slack
According to a Markets and Markets report published recently, the global enterprise collaboration market is expected to grow from $34.57 billion in 2018 to $59.86 billion by 2023, translating to an annualized growth rate of 11.6% over the five year period. Enterprise collaboration startup Slack has finally announced its plans to go public. Slack's Offerings San Francisco-based Slack was founded in 2009 by Flickr founder Stewart Butterfield and other Flickr executives including Serguei Mourachov, Eric Costello, and Cal Henderson. Initially founded as a multi-player game developer, Slack pivoted itself as an enterprise chat app provider. Today, Slack offers group messaging apps for organizations and helps improve their workforce productivity. Its platform can transfer messages from emails to Slack messages, help users collaborate through a simple drag and drop method to share files, and provide search capabilities to find messages, notifications, and files within the Slack
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