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2 Companies That Pose a Serious Threat to Slack


This article was first published by MyWallStDo you want access to 25 years of market-beating experience in one day? Find out more about MyWallSt's exclusive InPerson November event!

In a recent interview, when asked about Slack's (NYSE: WORK) mounting competition, CEO Stewart Butterfield stated: "A smaller company, if it has real traction with customers, in some cases has a bit of an advantage against a larger company with multiple lines of business." He propped this statement up with two case studies: Microsoft's (NASDAQ: MSFT) Bing vs. Alphabet's Google, and Google Plus vs. Facebook (NASDAQ: FB). In both cases, the plucky young underdog came out on top. Ah yes, Google and Facebook, the Bad News Bears of technology. 

Image source: Unsplash.

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Source Fool.com

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