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$Salesforce (CRM.US)$ Cannot stand the CEO- paid 27 billion ...
$Salesforce (CRM.US)$ Cannot stand the CEO- paid 27 billion for slack- which contributed 270 million in revenue- ? This last quarter?
I think most customers of CRM would rather do business elsewhere.
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MicroStrategy Q4 2024 earnings conference call
Butterflypuls : A guidance raise as well as beat on both lines should soften the blow.
Buying Slack is a way to understand how the new generation communicates, completes goals, and manages tasks.
FreyatheFre Butterflypuls : IMO Slack was a great purchase. Been at two companies now that use both Slack and Salesforce....in the workforce for over 20 years and very good companies. The younger crowd coming out of college into the workforce seem to only want to communicate internally on Slack. "I'll send you a Slack" "It's on Slack" "Send me a Slack" Adapt or become a dinosaur if you are in your 40's, 50's, 60's. The product integration will be interesting to see as I've been a salesforce users for over 17 years. Benioff has always been well ahead of the next gen of technology.
got the heart : Did they overpay? Yes.
Did they overpay a lot? No.
Was Slack overpriced? Yes.
Is CRM overpriced? Yes.
Can we blame the CEO for one without crediting the other?