All-In with Chamath, Jason, Sacks & Friedberg E14: Salesforce acquires Slack, DeepMind’s AlphaFold breakthrough, Trust Fund Socialists & more
Dec 4, 2020
Discover the high stakes of Salesforce's $27.7 billion acquisition of Slack and its implications for enterprise software. Dive into DeepMind's AlphaFold breakthrough, which could revolutionize drug discovery but raises ethical concerns around AI and bio-weapons. Engage in a lively discussion about the evolving political landscape, including Trump's potential pre-pardons and the dynamics of wealthy millennials challenging capitalism. The crew also dives into media bias, particularly surrounding Coinbase, and the transformative role of technology in society.
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Salesforce Acquires Slack
- Salesforce acquired Slack for $27.7B, gaining Slack's intercompany communication network.
- This network effect disrupts email and offers Salesforce a unique advantage.
Yammer vs. Slack and Salesforce
- David Sacks, founder of Yammer, sold it to Microsoft for $1B after Salesforce's aggressive competition.
- Slack's slow adoption of enterprise sales, unlike Yammer, contributed to its acquisition.
Hold Winners
- Hold onto winning investments as long as possible.
- Selling winners prematurely is a common investment mistake.