Tech: Slack Me
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 14 June 2019
⏱️ 22 minutes
🧾️ Download transcript
Summary
Another tech unicorn is going public -- Slack! We break down how the SaaS communication company works, its financials and its $17B valuation. We also explain the company's curious name, and why it has an eerie resemblance to Fool favorite Shopify.
Stocks: WORK, SHOP
Transcript
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| 0:00.0 | Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day. |
| 0:08.0 | It is Friday, June 14th, and we're talking about yet another soon to be public tech company. |
| 0:14.1 | I'm your host Dylan Lewis and I'm joined on Skype by fool.com's Brian Feroldi. |
| 0:18.7 | Brian, what's going on man? |
| 0:20.6 | Hey Dylan, I am still in mourning this morning after my beloved Boston Bruins lost a heartbreaking |
| 0:27.1 | seventh game of the Stanley Cup finals so I guess this is what it feels like to be a Jets fan all the time. |
| 0:33.8 | That's true. You know that's a lot of shade to throw this early in the podcast |
| 0:37.2 | Brian but I have to take it because the jets are just so terrible. |
| 0:40.6 | Man behind the glass damn void is just having a hoot back there. I don't think he expected you to come out quite so hot. But you know what as a Boston sports fan, I think you guys have enjoyed a pretty good run. Yeah, yeah, we certainly have, but it was an exciting game. |
| 0:54.2 | Congratulations to St. Louis. |
| 0:55.6 | It looks like they were partying and having a good time there. |
| 0:58.1 | So the way they played last night, they deserved a win. |
| 1:01.3 | Yeah, you know, I was in Boston for five years. |
| 1:03.9 | I think I attended three different parades while I was there. |
| 1:08.0 | It's a lot of fun, but it's nice to see another city win one every now and then. |
| 1:11.6 | Well, I still would have preferred Boston to win yet again but you know. |
| 1:14.6 | Hey Brian the jets are going to have their day and then we're going to drop the title |
| 1:19.1 | discussion. Dan Boyd says no behind the glass and that's okay we can agree to disagree on that one. |
| 1:24.0 | Brian today you are on the show because we want to talk about Slack. |
| 1:28.0 | Slack is a SAS company I'm sure a lot of listeners have heard this name |
| 1:32.0 | before maybe they even use the product |
| 1:33.8 | and because it's a sass company you're obviously the guy that I want to talk to you you are |
... |
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