💸 SaaS Lessons from Slack’s $27.7 Billion Acquisition 💸

This deal sent shockwaves across the SaaS industry… 👇 👇

Slack started as a gaming company in 2009.

11 years later it got acquired by Salesforce for $27.7 Billion.

Here are some of the biggest takeaways SaaS founders should know from this
transaction:

➡️Even 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.

Is there a takeaway missing?

What do you think of Salesforce's decision?👇 👇

I Help SaaS Founders Scale Quickly - Dan Martell

#SaaS #B2B #Founders #Entrepreneurship #Leadership

Source: Jason Lemkin



Posted by Dan Martell on LinkedIn
link: linkedin.com/in/dmartell