About
Information is our nourishment. Say hello to the data gods.
Meet Our Team
Consumers speak. We listen, analyze, and dig deep. You win!
Learn More
Solutions
Receive alerts and reports to power your fund management. Partner with our team of analysts to take your research to the next level.
Learn More
Plug our consumer-demand-data directly into your client-facing software, tools, and platform or work with us to create custom, high-value content your customers will love.
Learn More
Testing our data is like jumping in a time machine to compare market gains and losses against reliable and annotated historical data.
Learn More
Track specific tickers, receive alerts, and watch sector-specific trends. Drill down on individual stocks and see where consumer sentiment aligned with gains and losses in trading.
Learn More
Who We Serve
LikeFolio is your research secret weapon to sniff out game-changing shifts in the market before they happen.
Learn More
LikeFolio is source of quantitative data based upon real consumer insights to power your investment engine.
Learn More
LikeFolio is your content pipeline positioning your tool as an indispensable resource to your customers.
Learn More
LikeFolio has partnered with Tradesmith to build Derby City Insights and bring our powerful insights engine to private investors.
Learn More
Resources

What’s Next for Slack? ($CRM)

July 21, 2021

What’s Next for Slack? ($CRM)

Today, Salesforce (CRM) announced that it has officially closed its $27.7 billion acquisition of the messaging app Slack Technologies.

LikeFolio data for the Slack brand shows that Consumer Buzz peaked during the 2020 lockdowns but has sharply declined since CRM first announced the acquisition in December 2020.

Slack brand mentions are trending -37% QoQ and -58% YoY.

In light of the recently closed acquisition and a return to in-office work for many Americans, the near-term and YoY weakness make sense.

It remains to be seen how Salesforce will integrate the platform into its $250B enterprise software empire, but CRM's CEO was quoted saying, "Salesforce and Slack are uniquely positioned to lead this historic shift to a digital-first world. I could not be more excited for what's to come".

We'll be watching to see if Salesforces' future plans can reverse the recent decline in Slack mention volume.

Related Posts

Is Tiffany's losing its bling...again?

Tiffany's (TIF) will report quarterly earnings Wednesday prior to the […]

Read More
Late Season Earnings Predictions Paying Off

This was the section of the Sunday Earnings Sheet that […]

Read More
Salesforce Usage Mentions Suggest Retention

Salesforce earnings have exceeded market expectations on its 2 past […]

Read More

Related Posts

KEEP YOUR COMPETITIVE EDGE

Get FREE insights in your inbox every week with the Daily Drop.

About LikeFolio

LikeFolio analyzes social media data to accurately predict shifts in consumer behavior. We sell data and insights to professional investors, corporate research teams, and software providers.

Partner Sites

© 2024
 LikeFolio. All Rights Reserved.
Privacy Policy
|
Terms of Use
LikeFolio userslaptop-phonepie-chartselect