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The information contained in this document is being provided on a confidential basis to the recipient solely for the purpose of evaluating TheFamily (“TheFamily” or the “Company”). The document is intended for the exclusive use of the persons to whom it is given. By accepting a copy of this document, the recipient agrees, for itself and its related bodies corporate, and each of their directors, officers, employees, agents, representatives and advisers, to maintain the confidentiality of this information. Any reproduction or distribution of this document, in whole or in part, or any disclosure of its contents, or use of any information contained herein for any purpose other than to evaluate an investment in the Company, is prohibited. The information contained in this document or subsequently provided to the recipient whether orally or in writing by, or on behalf of the Company, or any of its respective related bodies corporate, or any of their respective partners, owners, officers, employees, agents, representatives and advisers (the “Parties”) is provided to the recipient on the terms and conditions set out in this notice. CASE STUDY: SLACK LES SECRETS DU P/M FIT ET DE LA CROISSANCE

Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

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Page 1: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

The information contained in this document is being provided on a confidential basis to the recipient solely for the purpose of evaluating TheFamily (“TheFamily” or the “Company”). The document is intended for the exclusive use of the persons to whom it is given. By accepting a copy of this document, the recipient agrees, for itself and its related bodies corporate, and each of their directors, officers, employees, agents, representatives and advisers, to maintain the confidentiality of this information. Any reproduction or distribution of this document, in whole or in part, or any disclosure of its contents, or use of any information contained herein for any purpose other than to evaluate an investment in the Company, is prohibited. The information contained in this document or subsequently provided to the recipient whether orally or in writing by, or on behalf of the Company, or any of its respective related bodies corporate, or any of their respective partners, owners, officers, employees, agents, representatives and advisers (the “Parties”) is provided to the recipient on the terms and conditions set out in this notice.

CASE STUDY: SLACK LES SECRETS DU P/M FIT ET DE

LA CROISSANCE

Page 2: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

THE FACTS2 Years

340M$ raised2.8 Bn$ valuation

1.1m daily active users> 5% WoW growth for over 70w

Page 3: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

UNCONDITIONAL LOVE

Page 4: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

AND PEOPLE LOVE SLACK

Page 5: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance
Page 6: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

HOW DID THEY GO THERE ?

Page 7: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

STELLAR TEAM✓ STEWART BUTTERFIELD

• CO-FOUNDED FLICKR, SOLD FOR 35M TO YAHOO IN 2005

✓ 3 OTHER CO-FOUNDERS

• 2 EARLY FLICKR DEVS

• 1 ENGINEER

Page 8: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

THE PIVOTSNEVER ENDING GAME —> FLICKR

GLITCH —> SLACK

Page 9: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

2012”WE HAVE DEVELOPED SOME UNIQUE

MESSAGING TECHNOLOGY WITH APPLICATIONS OUTSIDE OF THE GAMING

WORLD AND A SMALLER CORE TEAM WILL BE WORKING TO DEVELOP NEW PRODUCTS”

Page 10: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

AND NOW ?

Page 11: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

TIME TO BUILD A PRODUCT

Page 12: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

USE IT WITHIN YOUR

COMPANY

Page 13: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

LAUNCH QUICKLY

Page 14: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

LISTEN TO YOUR

CUSTOMERS

Page 15: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

UNTIL YOU BUILT AN AMAZING PRODUCT

3 PERFECT CORE FEATURES

Page 16: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

AN AMAZING PRODUCT✓ 3 PERFECT CORE FEATURES - YOU USE IT

• SEARCH

• SYNCHRONISATION

• SIMPLE FILE SHARING

✓ MAKE IT PERSONAL - YOU TALK ABOUT IT

• PERSONALIZED COMMANDS

• SLACKBOT, LOADING SCREENS

Slack is a platform for team communication: everything in one place, instantly searchable, available wherever you go

Page 17: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

DESIGN IT TO PERFECTION

Page 18: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance
Page 19: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

PEOPLE LOVE SLACK

Page 20: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

FIND THE AHAH MOMENT

✓ 2000 MESSAGES

✓ DO EVERYTHING TO BRING THE TEAM THERE

—> 93% RETENTION RATE AT THIS POINT

Page 21: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

TEACH THEM HOW TO USE THE PRODUCT

Page 22: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

AND KEEP LISTENING TO YOUR CUSTOMERS

QUALITATIVE AND QUANTITATIVE

Page 23: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

LAUNCH

Page 24: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

CREATE YOUR OWN MARKET

Page 25: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

PR

Page 26: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

SANDWICH VIDEO

Page 27: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

HAVE THE BEST CUSTOMER SUPPORT

“CUSTOMER SUPPORT ALONE HAS 18 PEOPLE WITH AN OVERLAPPING GROUP OF 6 WORKING

ON TWITTER 24/7”

Page 28: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

EVERY INTERACTION IS A

MARKETING OPPORTUNITY

Page 29: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

AMBASSADORS AND REFERRAL

Page 30: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

HOW DO YOU SELL ?

Page 31: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

NO TWO TEAMS ARE

ALIKECREATE MATERIAL TO

EXPLAIN WHAT SLACK IS FOR

Page 32: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

B2B - B2CCIO - MULTIPLE ACCOUNTS

Page 33: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

PRICING

Page 34: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

SPREAD ACROSS TEAMS

Page 35: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

TURN IT INTO A PLATFORM

Page 36: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

FUNDRAISING

Page 37: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance
Page 38: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

FASTEST GROWING EVER ?

Page 39: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

ARR 10k to 100k: easy100k to 1m: medium hard1m to 10m: difficult10 to 100m: extremely difficult100m to 1bn: almost impossible

Page 40: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

MAKES IT A UNICORN

Page 41: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

'I'M GOING TO END UP WITH A LOT MORE MONEY THAN I FEEL

LIKE I'M ENTITLED TO'

Page 42: Case Study : Slack - Les Secrets du Product/Market Fit et de la Croissance

MERCI