Slack is a collaboration tool that replaces email with direct messaging and group chats, allowing users to seamlessly attach documents from services like Google Docs. Originally built as an internal tool, it launched publicly in 2014 and has since grown to over 2.3 million daily active users, with $64 million in annual recurring revenue and a $3.8 billion valuation after raising $500 million over 7 funding rounds. Slack's integration with other services and search capabilities within chats and documents give it a competitive advantage over tools like HipChat and Yammer.

1. Slack
Company Presentation
By: Muneeb Ahmad

2. What is it?
● Collaboration tool to replace email
● Direct messaging and group chats
● Lets you seamlessly attach documents from other services like Google Docs

3. Sample Product

4. History
● Was built as an internal
tool for a company
● Co-founder of Flickr
● Launched in 2014 with
16,000 Daily Active Users

5. Financials
● Privately held
● $500M in 7 rounds
● $64M in annual recurring revenue
● Valued at $3.8 billion

6. Secret Sauce
● Service
integrations
● Search within
chats and
documents

7. Competition
● HipChat
○ Mobile apps don’t work
● Yammer
○ For forum like discussions

8. My Prediction
Will the company succeed?
● Integrating audio and
video chatting
● Over 2.3 million Daily
Active Users today

9. Thank You!
Questions?
Contact: muneebah@umich.edu