It's undeniable that Slack is a phenomenon!
Here are some fun facts and statistics:
- They have 8M registered account, of which 3M are paid accounts;
- There are 50,000 paid teams, that means the average number of members per team is 60;
- The estimated annual recurring revenue is $200M;
- The percentage of subscription renewal is 98% (WOW);
- 43% of the Fortune 100 pay to use Slack
- Their reported valuation is $5.1B
I always used Slack for my teams, since the beginning. And I used to be a paid user. The main reasons why I pay for it is to have the complete conversation history.
I would like to know about the other small businesses that also have paid accounts:
- What's the main reason for you have a paid team?
- What's the number of members in your team?
- How long you have a paid team?
- Did you consider other options?
Thanks for your help!
Sources: