$27B for Slack: Bargain for Benioff | Ammirati on Innovation

The Big Themes:• You've got great leaders at the top of the house: In both those companies you really understand innovation.• One of our venture companies: We sold a company to a publicly traded company that when that transaction happened, I got a lot of congratulations.• That ship has sailed: I also think though that speaks to another thing that we expected to happen when you plug into an organization – like in this case of Salesforce or Oracle.• Very fast moving dynamic: So we need to keep in mind not to get locked into an idea that will surely be obsolete in a matter of weeks or months.The Big Quotes:“But that doesn't mean that the $27 billion was a fair price. I think it probably was not unfortunately for the shareholders.”“The game was how many times could you say synergy in a windowless conference room for 30 minutes?”“I think in enterprise tech you're really seeing something of this happening now in Slack.”This episode is brought to you by BMC Software. Visit Cloud Wars for more.

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