Slack started as a gaming company in 2009.
11 years later it got acquired by Salesforce for $27.7 Billion.
➡️ after achieving $1 billion ARR, Slack’s annual revenue growth is 40%, while its customer base increased by 35%.
➡️Despite growing rapidly fast, Slack’s net retention has declined 10 percentage points over the past year.
➡️49% of Slack’s revenue comes from big customers (customers paying more than $ 100,000).
➡️Its revenue distribution by client size has remained remarkably unchanged.
➡️40% of its revenue comes from outside the U.S. (Slack has clients in over 150 countries).
➡️Slack’s cash generation is top of the line, especially when compared to other SaaS companies.