5 Things You Didn't Know About Slack
You might be one of the 12 million users from 105,000 organizations who log into Slack Technologies' (NYSE: WORK) platform every day. If you are, you spend at least nine hours connected to the software with 90 minutes of that time interacting. You might be familiar with its acronym: Searchable Log of All Communication and Knowledge, or be part of the 87% of users who report that Slack has improved communication and collaboration in your organization. But do you know the company behind the popular team collaboration software?
Here are five things you might not have known that could get you more interested in following this young software-as-a-service company.
It was late 2012 when Stewart Butterfield, founder of the online gaming company Tiny Speck, realized its only game was destined to be a commercial failure. Rather than spend its remaining venture capital to put the game on life support, he decided to close down the company and lay off most of its employees. Butterfield convinced backers to let him keep the cash for a small team of eight to work on commercializing the internal tool it had created for team collaboration. Less than 12 months later, Slack was released to the world.
Source Fool.com