David Rosenthal: uncertainty

Transcript context

…Direct listing. I don't know if Slack or Spotify was bigger. They might have been about the same size. Spotify had doldrums for a long time but it's performed excellently recently. The one thing I will say is whatever I was there B, or B-, C+ on execution, Packy, before reading your piece and before talking with you, it's much more negative. In fact, I had a joke I was about ready to make on Twitter that—actually let me get it word-for-word—“Slack has basically stopped updating the product and when they do, we all complain about the new worse UI. I think they'll fit in just fine at Salesforce.” I ended up not tweeting it because I think the work that they are doing is a 90% work that's below the surface where it feels like I haven't gotten an update other than shared channels and multiple workspaces since 2015. If you look at the Apico system and the way that that's been strategic for their business, that's actually huge. I think I want to wave my arms around and say I think anybody who's knocking Slack for decreasing product velocity is just looking in the wrong place.…

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