>What in earth is some glorified chat room software going to do with enough money to have an impact on a small country's economy? It's insane.
Not when you consider who they are going to be competing with. Microsoft and Google will make their products essentially free as part of their Office Suites.
I don't use MSFT teams, but I've seen a demo and it looks far superior to Slack. I imagine they'll be using some of those funds to shore up feature parity with MSFT.
I wouldn't be too worried about Google. Hangouts and Chat are by far the worst products I've ever used. I can't think of a single piece of software I loathe more than Hangouts.
They're supposed to be significantly improving them both - we'll see. I think it would be hard for them to justify spending something like $10b for Slack when it doesn't help move the needle on competing with Facebook.
Not when you consider who they are going to be competing with. Microsoft and Google will make their products essentially free as part of their Office Suites.