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Detailed stories on technology startups, business and economic current affairs.

“May the (Sales)force be with you!”
Stewart Butterfield, co-founder and CEO of Slack, definitely likes the sound of that.
Slack, since launching in 2013, has done well to establish a new paradigm in workspace collaboration and become the fastest-growing enterprise software tool of all time. But the company has been struggling in the face of the onslaught mounted by Microsoft Teams—as I wrote in the last edition of Oversize—and also failed to cash in on the opportunity that the remote working necessitated by the pandemic has offered.
A deep-pocketed owner like Salesforce, with well-established sales and distribution channels inside …
The two startups are seemingly doing well, leaving affected employees wondering about the real reason for the job cuts.
Despite facing challenges around its business model, the ride-hailing platform has outpaced larger rivals, carved out a niche for itself, particularly in smaller cities, and joined the unicorn club.
The Chennai-founded SaaS company has been riddled with product and people issues ever since its IPO. Its new American CEO now has a lot to fix, build and rebuild.