Does this mean something is wrong with our market, or just my expectations?
Does this mean something is wrong with our market, or just my expectations?
I think the big tipping point for me was when they changed their chat retention policy from one focused on balanced user privacy, to one focused on whatever your boss wants to get their hands on.
I think Slack had a nice balance between privacy and legal accountability before. Basically, there needed to be some serious event to warrant your boss snooping on your messages (because both parties would be notified it was happening). Now, it appears they are moving more towards a model of "your boss can covertly just peak at whatever they want, whenever they want."
https://mashable.com/2018/03/21/slack-direct-message-privacy...
https://it.slashdot.org/story/18/03/08/2049255/slack-is-shut...
But people will buy this and other stocks regardless so I'm not sure there's any incentive to change that.
When my company moved to Discord, it was a huge breath of fresh air.
That's likely a degree of hyperbole - I'm sure there are plenty of companies with products I've liked that have gone public and the product has remained great or even improved. But my gut reaction on hearing something go public is not "Yay, now they can improve their features" it's "Oh no, it is going to get screwed up", and that seems NOT to be the reaction I'm supposed to get.
I also think we're going through a bizarre period in tech. I know I know, that's historical bias and all, but it doesn't mean living through it feels any less bizarre.
A trite example is my use of Slack. I don't use it for messaging, though I've had the opportunity both in professional and non-professional settings to do so. Rather, I use Slack as a kind of RSS feed because people and organizations whose content I value have given me that opportunity on Slack. It's my favorite content notification feature because it is all in Slack, rather than being assaulted with notifications from all angles.
Another trite example is my use of text messaging over the past year or so. Messaging is largely my social media experience now. I have - largely through no fault of my own - many different distinct group text messaging threads that are basically permanent. In Jan. 2018 that was not the case. Now, I can't get rid of these people I care about in meat space, from my messaging inbox! These group threads last for months and when one goes dead or silent another replaces it the next day. Each participant is posting in them on a daily basis (often 5+ times a day), with pictures and videos as well, and often long paragraphs of text.
I do think the VC industry is showing signs of being broken. However, I also think companies are shape-shifting faster and more frequently then before.
Yes, I know, you can pay for slack, it's absolutely a viable product for free so most users don't. Does that sound like something a publicly traded company would be happy with?
They were making $200M in revenue over a year ago:
https://www.businessinsider.com/slack-200-million-annual-rec...
I'd imagine that number is significantly greater today.
Thanks for the link
You might be able to say that most users aren't paying for it, but most organizations are.