<story><title>Slack S-1</title><url>https://www.sec.gov/Archives/edgar/data/1764925/000162828019004786/slacks-1.htm</url></story><parent_chain><item><author>maxxxxx</author><text>It’s still mind boggling that all these unicorns haven’t found a way to make money even after being in business for years and having a mature product. It’s a strange world.</text></item><item><author>neom</author><text>&amp;quot;Our revenue was $105.2 million, $220.5 million, and $400.6 million in fiscal years 2017, 2018, and 2019, respectively, representing annual growth of 110% and 82%, respectively.&lt;p&gt;Our growth is global with international revenue representing 34%, 34%, and 36% of total revenue in fiscal years 2017, 2018, and 2019, respectively.&lt;p&gt;We continue to invest in growing our business to capitalize on our market opportunity. As a result, we incurred net losses of $146.9 million, $140.1 million, and $138.9 million in fiscal years 2017, 2018, and 2019, respectively.&lt;p&gt;Our net losses have been decreasing as a percentage of revenue over time as revenue growth has outpaced the growth in operating expenses.&amp;quot;&lt;p&gt;Nice work!</text></item></parent_chain><comment><author>cupofjoakim</author><text>Well, these guys do have a good way to make money. Enterprise contracts are worth their weight in gold. As you could see from the quote, their revenue has increased more than their losses - which mean that they are on their way to become profitable. Arguably they could be now, if they didn&amp;#x27;t invest in growth as much.</text></comment>
<story><title>Slack S-1</title><url>https://www.sec.gov/Archives/edgar/data/1764925/000162828019004786/slacks-1.htm</url></story><parent_chain><item><author>maxxxxx</author><text>It’s still mind boggling that all these unicorns haven’t found a way to make money even after being in business for years and having a mature product. It’s a strange world.</text></item><item><author>neom</author><text>&amp;quot;Our revenue was $105.2 million, $220.5 million, and $400.6 million in fiscal years 2017, 2018, and 2019, respectively, representing annual growth of 110% and 82%, respectively.&lt;p&gt;Our growth is global with international revenue representing 34%, 34%, and 36% of total revenue in fiscal years 2017, 2018, and 2019, respectively.&lt;p&gt;We continue to invest in growing our business to capitalize on our market opportunity. As a result, we incurred net losses of $146.9 million, $140.1 million, and $138.9 million in fiscal years 2017, 2018, and 2019, respectively.&lt;p&gt;Our net losses have been decreasing as a percentage of revenue over time as revenue growth has outpaced the growth in operating expenses.&amp;quot;&lt;p&gt;Nice work!</text></item></parent_chain><comment><author>tonyedgecombe</author><text>I think it&amp;#x27;s more mind boggling that people will continue to invest in them on the basis of a vague promise of profitability in the distant future. Turning a profit is much harder than buying market share.</text></comment>