TechCrunch Summary (2023-06-04 09AM)

Source: After investing $28B in Slack, Salesforce bets on one of its own as new CEO

Summary
After the exit of former Slack CEO, Salesforce hired Lidiane Jones as the replacement to navigate challenges posed by investor complaints about the integration of previous expensive acquisitions, including Slack, and bridge the gap between Salesforce and Slack.

Facts

🤝 Slack CEO, Stewart Butterfield, announced his exit, and Lidiane Jones replaced him.

💼 Jones worked at Microsoft for over 12 years and also at Sonos for four years, giving her a great understanding of software and product development.

💰 Saleforce paid a whopping $28 billion for Slack with the hope of integrating the platform with the entire Salesforce family of products.

🤔 Jones must protect the independence of Slack to allow it to operate outside of the Salesforce ecosystem.

❗The integration between Salesforce and Slack has not been enough to satisfy critics yet.

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