Slack is now valued nearly $20 billion (IPO) after having reported a net loss of $138.9 million on revenue of $400.55 million for the year ended Jan. 31.

Junk. Surprised by how high this is valued considering revenue is not even half a billion. Fuck, Wayfair took in more money when it was still called “racks and stands.” No real competitive advantage either. I personally like using Slack but this is ridiculous.

Mark