$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.