[ajit_singh]

This immediately follows the Slack acquisition which was sold at at price that is almost 1/10th of Pakistan's GDP. Keep in mind that Pakistan has 220 million people.

One individual company with less than 2k employees is valued 1/10th of what 220 million people collectively produce in a year. How can one explain this asymmetry. No doubt it was the biggest tech acquisition in the history but tech executives in the US bolstered by Fed's dollar printing have been breaking paper records almost every year.

Maybe I do not understand the economics of this well so I would gladly accept any roast of my above observation.

[ZephyrBlu]

In my noob understanding, Salesforce overpaid on the acquisition for a couple of reasons:

1) They are desperate to continue growing and need acquisitions to do so

2) They believe Slack is their best bet to boost their revenue in the coming years

In saying that, the asymmetry is the markets each of them serve though. Are majority of Pakistani's serving B2B customers with a SaaS? No, and so the profit/revenue generation is different.

[jitix]

I agree Slack is way over valued for something which could be switched without much effort. In fact my anecdotal knowledge from my network suggests that MS Teams is taking over.

However the analogy with Pakistan is incorrect. Pakistan has a lot of people who simply don’t have the skills to be productive. Same with India. And in South Asia progress and reform doesn’t happen easily.