SaaS
💼What would an independent Slack be worth? SaaStr says $16B–$20B
The Rundown: SaaStr estimates Slack would be worth $16B–$20B today as an independent company — well below the $27.7B Salesforce paid for it.
The details:
- ●Independent Slack would likely be valued between $16B and $20B, based on estimated $2.5B ARR growing 25%.
- ●Salesforce acquired Slack for $27.7B in 2021 — a premium of roughly 40% or more over that independent estimate.
- ●The analysis suggests the acquisition premium was about growth, not current fundamentals.
- ●Slack continues to face stiff competition from Microsoft Teams and new AI-native entrants.
Why it matters: The gap between Slack's standalone value and what Salesforce paid is a cautionary tale for founders cashing out during hype cycles — and a reminder that acquirers often overpay for growth stories. If you're an investor or founder, it's worth asking how your own company's valuation would survive public market scrutiny.
📰 Source: SaaStr