
Microsoft’s acquisition of Slack would also have been akin to buying a cow when the milk is free. Slack’s DAUs were first surpassed by Teams’ in July. Last month, Slack revealed that its number of daily active users was just over 12 million. Per Microsoft, Teams now boasts over 20 million daily active users. Teams, the workplace collaboration software that emerged out of the effort to bolster the soon-to-be-discontinued Skype for Business, has almost twice Slack’s users. In place of the purchase, Gates instead pushed Microsoft to enhance Skype for Business and turn it into a Slack killer. A Slack killer is bornĪt the time of the intended acquisition, Slack Technologies had all the hallmarks of a sure winner with revenues and users growing rapidly. It may have been the most important decision Gates ever took five years after assuming his current role as the software maker’s technology advisor. Microsoft’s co-founder Bill Gates, alongside current CEO Satya Nadella, killed the idea. In 2016 when Slack Technologies (NYSE: WORK) was just a few years old, Microsoft (NASDAQ: MSFT) seriously considered acquiring the workplace collaboration tool at a hefty price of $8 billion.

Microsoft Teams now boasts of more daily active users relative to Slack.Instead of an acquisition, Bill Gates advocated for an in-house Slack killer.Since the June direct listing, Slack has lost nearly half of its market value.Bill Gates demonstrated his business prowess by advising Microsoft not to buy Slack in 2016 and instead focus on building its own collaboration tool.
