Microsoft's considerable reach into the corporate world isn't something Slack CEO Stewart Butterfield is very concerned about.
. Butterfield said that if a smaller company's product resonates with customers, it could make inroads against a firm that does many more things.in the internet search market, after it had become dominant in operating systems with Windows.
"Tens of billions of dollars into that [search engine] and I don't know what their market share is now — 9% or something like that," Butterfield told Fortune's Adam Lashinsky.Butterfield also cited Google's efforts to popularize its Google+ social network following the rise of , including by playing it up in Gmail and requiring people to use it in order to leave comments on YouTube videos.Google shut down"I think that it's harder and harder, not because there's anything wrong with Microsoft, because it's hard for us at this point, given the size that we're at — it's hard to maintain a real focus on quality, on user experience, and the bigger you get, the harder it is," said Slack's CEO.
Butterfield said Microsoft is an incredible company and that it has been a good partner to work with — Slack recently came out with a calendar integration for Office 365."Whatever Microsoft does, we're still going to do the same thing that we would do for customers," Butterfield said. Shares of Slack rose 3% on Monday after analysts at Barclays and Canaccord Genuity initiated coverage with overweight and buy ratings on the stock, respectively. "We have conducted dozens, perhaps hundreds of hours of analysis on these companies and the segment, and Slack looks like the winner in this space," wrote the Canaccord analysts, led by Richard Davis.
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