Slack is 'the only company in the world' that looks like Facebook and isn't public: Palihapitiya
Slack CEO Stewart Butterfield "understands the product to a level of sophistication that I have not seen since Facebook," said Palihapitiya, who previously led user growth at Facebook and is now the CEO of Social Capital.
"When I was in the bowels of Facebook building that machinery, what I saw was a team that really understood product-market fit and the power of network effects and why that created an incredibly subsidized business, a thing that could expand all over the world at marginally zero cost," Palihapitiya said. "The only company in the world that looks like that today that is not yet public is called Slack, and it will be soon.
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