Slack Calls for a Foul
Slack offers friction-less, mobile communication, perfect for a post-corona world, but Microsoft is the harder puncher having doubled Slack’s enrolled offices already, and growth charts are going exponential. It helps that Microsoft Office is office inertia; sooty industrial parks will always lean toward Microsoft.
Slack boss Stewart Butterfield had been under pressure until his stock received 97%-backing as a stay-at-home stock by the Invstr community.
The Microsoft Teams challenge now needs confronting, though, to give the stock support, and Butterfield’s chosen his approach. He’s on to the regulators claiming Microsoft is being anticompetitive bundling MS Teams with MS Office. The market isn’t convinced. The move was perceived as desperate. Microsoft traded up and Slack traded down!
The Microsoft Teams battle will decide Slack’s fate, but Butterfield said the software giant “wasn’t even a competitor” in May. Everyone’s learning fast in this space.
Will Microsoft face another landmark antitrust ruling against it like it experienced 20 years ago, or does Slack need to focus on Slack?
I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.