$27B for Slack: Bargain for Benioff | Ammirati on Innovation

The Big Themes:
• You've got great leaders at the top of the house: In both those
companies you really understand innovation.
• One of our venture companies: We sold a company to a publicly
traded company that when that transaction happened, I got a lot
of congratulations.
• That ship has sailed: I also think though that speaks to
another thing that we expected to happen when you plug into an
organization – like in this case of Salesforce or Oracle.
• Very fast moving dynamic: So we need to keep in mind not to get
locked into an idea that will surely be obsolete in a matter of
weeks or months.


The Big Quotes:
“But that doesn't mean that the $27 billion was a fair price. I
think it probably was not unfortunately for the shareholders.”


“The game was how many times could you say synergy in a
windowless conference room for 30 minutes?”


“I think in enterprise tech you're really seeing something of
this happening now in Slack.”


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