![]() For Salesforce Admins, enabling a team selling approach can create both opportunity and some complexity. Salesforce has been criticized for the sky-high 27.7 billion it paid for workplace messaging app Slack, especially since that deal came so soon after the sizable acquisitions of companies like. Part of the foundational Slack India Sales team, responsible for setting up BDR processes from scratch, training new FTEs, and generating. How AwesomeAdmins Help Salesblazers Sell as a Team By Hank Scurry ApSelling has become a team sport, with 81 of reps saying team selling helps them close deals. Given the risks of the deal and Salesforce’s valuation of over $200 billion, analysts have suggested that their investors root for an antitrust review to prevent the deal. In December, Salesforce signed a definitive agreement to acquire the popular messaging software platform Slack Technologies in a cash and stock deal worth 27.7 billion, making it. Continued role at Slack, now a Salesforce company. Further, if Salesforce were to affect Slack’s internal operations through the acquisition, some existing customers may be turned away, as many customers now enjoy Slack for their simplicity and neutrality. This is concerning for Salesforce, who would be giving up nearly 13% of their market value for the acquisition based on Slack’s EV/Sales multiple seen in Figure 2. Since Slack is a SaaS valued at multiples of revenue instead of profits, their growth forecast faces immense pressure on its ability to materialize as earnings. Salesforce (NYSE: CRM), the global leader in CRM, today announced it has completed its acquisition of Slack Technologies, Inc. ![]() In the fiscal year that ended on January 31, it. They have not turned a profit since their initial public offering last year. And given the Slack acquisition’s hefty price tag, Wall Street doesn’t think that it has done enough to buoy Salesforce’s overall business. Furthermore, Slack’s growth should be a risk for Salesforce. A much better suited one could argue could be Google or Amazon as they could integrate Slack into their platforms, but that would be unlikely due to antitrust regulations. ![]() ![]() ![]() On the other hand, Slack could be a distraction for Salesforce management and could therefore not be believed to be the best owner for Slack. ![]()
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