Slack and Salesforce execs clarify their huge acquisition – ProWellTech


Let’s be taught extra about Slack’s future, Revolut provides new fee options and DoorDash pushes its IPO vary up. That is your Each day Crunch for December 4th, 2020.

The Huge Story: Slack and Salesforce executives clarify their giant acquisition

After Salesforce introduced this week that it’s going to purchase Slack for $ 27.7 billion, Ron Miller spoke with Slack CEO Stewart Butterfield and Salesforce President and COO Bret Taylor to be taught extra in regards to the deal.

Butterfield mentioned Slack will stay comparatively unbiased inside Salesforce, permitting the workforce to “do greater than we have been already doing”. He additionally insisted that every one speak of competing with Microsoft Groups is “exaggerated”.

“The problem for us was the storytelling,” Butterfield mentioned. “They’re simply good [at] PR or one thing I failed to know. “

Startups, financing and enterprise capital

Revolut permits companies to simply accept funds on-line – with this transfer, the corporate competes instantly with Stripe, Adyen, Braintree and Checkout.com.

Well being expertise enterprise capital agency OTV closes a brand new $ 170 million fund and expands to Asia – This yr, the corporate carried out rounds on the telemedicine platforms TytoCare and Lemonaid Well being.

Zephr raises $ eight million to assist information publishers enhance subscription income – The startup’s purchasers already embody publishers akin to McClatchy, Information Corp Australia, Dennis Publishing and PEI Media.

Further Crunch ideas and evaluation

DoorDash Expands Its IPO Vary Forward of Profitable IPO – Meals Supply Unicorn now plans to debut at $ 90 to $ 95 per share, up from a earlier $ 75 to $ 85 vary.

Enter new markets and embrace a distributed workforce to develop throughout a pandemic – is it the proper time to develop abroad?

3 ways the pandemic is reworking tech spending: All corporations are actually digital product corporations.

(Further Crunch is our membership program, which goals to democratize details about startups. You may enroll right here.)

All the remaining

WH’s AI EO is BS – Devin Coldewey will not be impressed with the brand new White Home government order on synthetic intelligence.

China’s Web Regulator Targets Pressured Information Assortment: China is one step nearer to cracking down on unscrupulous information assortment by app builders.

Reward Information: Play on each platform to get you thru the lengthy COVID winter – it’s a good time to be a gamer.

The Each day Crunch is ProWellTech’s roundup of our greatest and most necessary tales. If you need to obtain this message in your inbox each day round 3pm Pacific, you possibly can subscribe right here.



Supply hyperlink