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Haven't Teams and Slack eaten their market in the intervening time? Even Discord and Matrix are moving into the space. If they're still profitable, it's because they're extracting more money from a shrinking pool of customers. I guess Oracle has shown that can last a while with many of their products, but I'm not sure that's the kind of influence they once had.


Slack and Teams aren't in the same category as Basecamp which is more of a ClickUp, Asana or Monday competitor, ie a project management tool.


Oh I mixed it up with Hipchat for some reason. Turns out Hipchat's not even the same company.




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