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Most founders stick around for their lock-upperiod (1-2 years) before going on to found their next company. What if the $100 million you’re going to spend trying to win this alleged “war for talent” in stead went into big retention plans to keep your most talented employees. We get the mechanics.
But it does mean that traditional 180 day lock-upperiods won’t generally apply to existing Slack shareholders. You can see this both by looking at a cohort “layer cake” graph or by examining the net dollar retention. Slack’s net dollar retention rate is an incredibly impressive 143%. So Slack generated $1.43
But it does mean that traditional 180 day lock-upperiods won’t generally apply to existing Slack shareholders. You can see this both by looking at a cohort “layer cake” graph or by examining the net dollar retention. Slack’s net dollar retention rate is an incredibly impressive 143%. So Slack generated $1.43
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