Slack: The Nine-Month-Old Company Worth More Than $1B

The transcript discusses Slack's rapid growth driven by word of mouth and its recent marketing hire. It highlights Slack's benefits over email, such as transparency and access to historical communication. The discussion covers Slack's market position, competition, and its success in tech and media industries. The speaker reflects on past funding challenges during the dot-com crash and compares them to the current environment. Concerns about high startup valuations and financial strategies are also addressed, emphasizing a cautious approach to investment and valuation.

How does the communication technology landscape differ now compared to when Slack was founded?

What concerns do investors have regarding the current startup funding environment?

What is the significance of having a balance sheet with extra funds for a startup?