Just a few months ago, the duo turned overnight billionaires after they sold their startup Media.net to a consortium of Chinese investors for $900 million.Turakhia feels the market has the potential to grow to 600-700 million users in the next seven to eight years. "The biggest challenge is that it is a new form of communication which requires a behaviour change for organisations. Turakhia claims Flock offers more than Slack for far less than Slack. Also, Flock is far better in terms of admin capabilities and user interface for an entire company to adopt. While Slack is a competitor, Turakhia says, informal communication apps like WhatsApp and Skype are a bigger roadblock.

Source: Economic Times August 12, 2017 05:24 UTC