Business messaging service Slack briefed investors on Monday, as the company expects to go public with a direct listing on the New York Stock Exchange later this year. From a report: The service, which primarily caters to businesses, said it has more than 10 million users as of January. Stewart Butterfield, co-founder and CEO of Slack, made the case to investors that replacing email with Slack changes the way employees of a company communicate. “This shift is inevitable. We believe every organization will switch to Slack or something like it,” Butterfield said in a presentation. He also pitched Slack as a software-focused company that believes the world is “only at the beginning” of its reliance on software. In that essence, Butterfield likened Slack as eventually becoming a utility, similar to the internet or electricity.

Read more of this story at Slashdot.

Source: Slashdot – Business Messaging Service Slack Says It’s Going To Replace Email and is as Necessary as Electricity in Its Pitch To Investors