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Barron's Streetwise

Slack and Okta: Work-From-Home Winners

Barron's Streetwise

Barron's

Business

4.71.6K Ratings

🗓️ 1 May 2020

⏱️ 22 minutes

🧾️ Download transcript

Summary

The CEOs of Slack and Okta talk about what the Covid-19 pandemic means for cloud business software. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

If this continues, I think the whole world gets pushed down this path of inevitability towards digital transformation, and that's good for us and I think it's good for the whole software industry.

0:12.0

Welcome to the Barron Streetwise Podcast. Street.

0:13.0

Welcome to the Barron StreetWise Podcast. I'm Jack Howe.

0:16.0

The person you just heard, that's Stuart Butterfield.

0:19.0

He's CEO and co-founder of a $ billion dollar company called Slack Technologies.

0:24.0

Slack is an alternative to workplace email and it's gaining popularity.

0:29.0

We'll hear more from Stuart Butterfield, plus another CEO co-founder, Todd McKinnon, who's $18 billion

0:36.6

company, Octa, that's O-K-T-A, is also enjoying fast growth among workplace customers.

0:45.0

In recent weeks, this podcast is focused on industries that have been laid low by the pandemic.

0:49.0

Retail, entertainment, cars, energy. Today we look at two tech companies that are doing just

0:56.2

fine in the new work-from-home world. Meta I have a question for you to test how carefully you've been tracking what's been going on with the stock market.

1:12.0

Uh-oh.

1:13.0

I don't know what you'll win or lose.

1:15.0

I mean, if you get it right, what do you want to win?

1:18.0

Can I choose anything?

1:20.0

Within reason, yeah?

1:22.0

Well, I either want your minivan, or your chupacaman.

1:27.0

The minivan is out of the question.

1:30.0

The chubachemaskin.

1:31.0

We're going to have to talk about that.

1:33.0

Okay. The question is, what's the one year return of the S&P 500? If you had bought into an

1:39.8

S&P 500 Index Fund a year ago, where are you today?

...

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