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These market valuations are barking mad.
I'm hardly the first to say this but this is surely Dotcom Bubble version 2.0 (3? 4?).
There is no doubt that well crafted social apps have great value in terms of adding value to an end user's business but I do not believe that Slack can be genuinely worth $27.7B. (And to be clear I am not dissing Slack, specifically).
But it's the markets, innit. If everyone believes then it's ok. It's when belief ends...
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markrlondon wrote: But it's the markets, innit. If everyone believes then it's ok. It's when belief ends...
True. See: Tesla vs GM/Ford/any of the real car makers 
TTFN - Kent
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Tesla is a good example. Its market valuation is surely unsustainable -- it will (surely?) never be able to perform up to it.
It seems to be an example of the emotional, rather than rational, nature of the market.
Then again, only Tesla is prepared for the great Martian car building endeavour, so who knows. I can totally see Tesla Cybertrucks trundling around Mars.
modified 1-Dec-20 17:33pm.
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Nah, Slack should be dissed specifically. It's been losing money at enormous rates. They have a market presence, but aren't doing anything that a relatively small team of engineers couldn't readily duplicate. What is their plan for profitability?
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Joe Woodbury wrote: t's been losing money at enormous rates. They have a market presence, but aren't doing anything that a relatively small team of engineers couldn't readily duplicate
But this is what makes me say Dotcom Bubble 2. They have value, sure, but are overvalued.
Then again, loads of people can say "I could do that", but it was Slack who did/are doing it. Even if what they did is nothing special, they still did it and got there first.
First matters in this industry.
Joe Woodbury wrote: What is their plan for profitability?
None. Their business model is, surely, to be first and to be purchased by a rich buyer who perceives them to be a necessary 'presence' against the likes of, say, Teams.
In this sort of thinking, this fulfils two functions: (1) It plugs a gap in the product/service range, and (2) it fulfils the latest faddish investor expectations.
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We have central wbankers to thank for this, and it will eventually end in tears.
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No, I don't think so. Central bankers have their own ills and wrongs and malignancies but this ill, that of grossly over-valued businesses, is not one that central bankers or governments can be blamed for. It is all about freely decided (well, emotionally decided) market sentiment and of a class of people promoting more of the same class of people.
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That's also true, but when central banks manipulate interest rates to zero and below, it's easy for firms to issue bonds to finance this kind of nonsense. They should know better, but everyone's playing the game. And "investors" are lapping these bonds up with little regard for risk, because at least they yield something. The number of zombie firms--ones that would go bankrupt if they couldn't keep refinancing their debt--is staggering.
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Companies could see how often individual employees carried out actions in Microsoft 365. So now it will look like the team is slacking?
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“Project Management” is an enormous industry. Software, training, certifications and even Masters degrees – everything you can imagine — to make us better at managing simple and complex projects. But we keep failing. Over and over again. Is there a solution? Yes. "To err is human"
I really wanted to use the HAL quote, but I've used that too often
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Getting tired of this negative shtick. Yeah, I've worked on mismanaged projects, but have also worked on well managed projects and some fantastically managed projects (one of which was mismanaged until the company hired a new VP of Engineering--that guy knew how to manage projects.)
I've also worked on well managed projects for products which couldn't be monetized profitably. This resulted in what may have appeared to be mismanagement by some, but was most everyone trying to salvage what originally seemed like a good product.
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No one gets paid for fixing well managed projects 
TTFN - Kent
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ESA will launch the first active space debris removal mission in 2025. If they miss, they have to put in another quarter to try again
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Since shipping .NET 5, Visual Studio 2019 v16.8 and more goodies recently, Microsoft has been touting speed improvements in many components -- including the red-hot Blazor project -- but some real-world developers are finding different results. New, hot stuff often isn't - news at 11
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Apple’s M1 silicon continues to hail praise from the industry as being a technology marvel, however, this latest Windows 10 on ARM virtualization feat just reiterates how impressive the new chip really is. I don't know if this is a sign about M1, or about the Surface 
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Software architects from the .NET runtime team recently presented several .NET 5 runtime improvements and how they achieved them. In case you like things faster
Sorry, feels like a dupe, but I'm too spetched to search.
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[^]
PowerToys Receive Massive Multi-monitor FancyZones Improvements
Its FancyZones tool, which is a window manager that is designed to make it easy to arrange and snap windows into efficient layouts for your workflow, will get impressive changes for multi-monitor setups. The change is coming with version 0.27.
«One day it will have to be officially admitted that what we have christened reality is an even greater illusion than the world of dreams.» Salvador Dali
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Microsoft has released a version of the Windows Feature Experience Pack, a collection of features that are updated independently of the OS, to testers in the Beta Channel. Because many of their updates aren't features
Just for Insiders (for now, I think)
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Kent Sharkey wrote: Just for Insiders (for now, I think hope)
FTFY
I already have a ToDo List for this Christmas "holidays", I don't want to get started with "my pc doesn't work anymore..." 
M.D.V.
If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about?
Help me to understand what I'm saying, and I'll explain it better to you
Rating helpful answers is nice, but saying thanks can be even nicer.
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Internet users in the US vastly underestimate how often their home networks are targeted by cyber threats according to a new report from Comcast. The attacks are coming inside the house
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A new report claims that Facebook and Google will both face multiple federal and state antitrust lawsuits by the end of January 2021. "Lawman has put an end to my running, and I'm so far from my home"
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"Send lawyers, guns, and money...the sh!te has hit the fan"
"the debugger doesn't tell me anything because this code compiles just fine" - random QA comment
"Facebook is where you tell lies to your friends. Twitter is where you tell the truth to strangers." - chriselst
"I don't drink any more... then again, I don't drink any less." - Mike Mullikins uncle
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Up next: the DNC and RNC. Pots, meet kettles.
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And probably will be "punished" with enough $$$ that they will need a full whole week to recover it.
I was going to say a day, but I thought it twice and decided to be optimistic
M.D.V.
If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about?
Help me to understand what I'm saying, and I'll explain it better to you
Rating helpful answers is nice, but saying thanks can be even nicer.
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Nelek wrote: And probably will be "punished" with enough $$$ that they will need a full whole week to recover it.
OTOH the doubling of ads they force down the throat of anyone noob enough not to be running an adblocker to pay for the fine will remain permanent. 
Did you ever see history portrayed as an old man with a wise brow and pulseless heart, weighing all things in the balance of reason?
Is not rather the genius of history like an eternal, imploring maiden, full of fire, with a burning heart and flaming soul, humanly warm and humanly beautiful?
--Zachris Topelius
Training a telescope on one’s own belly button will only reveal lint. You like that? You go right on staring at it. I prefer looking at galaxies.
-- Sarah Hoyt
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