BI PRIME: How Slack's founders overcame failed video game firms, accidentally built Flickr, then survived a Yahoo sale to build a $7 billion company.
, Henderson holds almost 16.8 million shares in Slack. If the company goes for $28 a share, as it's reportedly doing on the private markets, that stake could be worth as much as $470 million.
It has 10 million daily active users and it thinks it can win over hundreds of millions more, talking about a"total addressable market" of 600 million knowledge workers. The company says it has 88,000 paid users. At this point, Henderson still hadn't met any of the team. He did eventually meet them when the company gathered together in California to launch the first version of Flickr, which promptly failed.
Around a year after launch, Yahoo acquired Flickr for a reported $25 million. At the time, hardcore early users were unhappy about the change in ownership, although Henderson notes that Flickr only managed the massive growth in its userbase after the sale.
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