Slack 🗂 💻 - WORK

Highly recommended to visit listed companies’ investor relations (IR) sites. They are easy to find if you google them e.g. Slack Investor, Slack Investors, Slack Investor Relations

Slack’s page is: https://investor.slackhq.com/home/default.aspx

Click on Financials (SEC Filings), then check 10-Q (quarterly earnings) or 10-K (annual) because typically a press release or a presentation does not get reviewed by anyone external. Also take a look around, maybe there’s a transcipt here, a video there, a presentation from some Wall St Bank Event hidden somewhere.

Slack had 100,000 paid customers as of 31 July…

Paid Customers
…
As of July 31, 2019 and 2018, we had approximately 100,000 and 73,000 Paid Customers, respectively.

Paid Customers >$100,000
…
As of July 31, 2019 and 2018, we had 720 and 412 Paid Customers >$100,000, respectively.

(Source - Slack’s latest 10-Q/quarterly results)

Meanwhile, Microsoft Teams had 13 million DAUs at the end of its fiscal year - i.e. recently - vs Slack’s 10 million as of January 2019

From Microsoft’s latest FY19 annual results (latest earnings) - earnings call transcript:

Microsoft posted this transcript from the JPMorgan conference in May 2019 (link].
(MSFT Investor relations: https://www.microsoft.com/en-us/Investor/sec-filings.aspx)


It’s full Teams ahead. I think someone mentioned the CEO said it was the fastest growing product.

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