Howie Liu: Slack and Dropbox Function as Vertical Products
Howie Liu · Howie Liu: Decoding Airtable's $11B Valuation; The Impending AI Revolution in Enterprise | E1053 · 20VC with Harry Stebbings · Aug 25, 2023 · at 4:20
Howie Liu, founder and CEO of Airtable, contrasts open-ended horizontal platforms with single-function tools like Slack and Dropbox when discussing product-market fit strategy.
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“Some horizontal products are actually, you know, a vertical of their own, right? When I think about, you know, a Slack or a Dropbox, I think they actually fall into a very well-defined category in my mind. Like, You know what you're going to use Slack for. You know what you're going to use Dropbox for. So even though they're not function or industry specific, they kind of occupy a well-defined category of their own, right? You know, you're going to do chat and communication on Slack. You know, you're going to do file sharing on Dropbox.”
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