I have been making good progress on my final product. I was able to get on a call with my mentor to go over what I have done so far and the direction I will be heading as I continue working on my product.
After getting a good start on my market overview section last week, I was able to continue working on it this week and was able to finish it. I needed to continue using information from Slack and Salesforce’s 10-K documents to discuss things like Salesforce's investment and M&A growth strategies and how they were impacted by the COVID-19 pandemic, which was when the transaction was proposed. I also needed to do some outside research to further discuss Salesforce’s and Slack’s competitors and the impacts of COVID-19 on Salesforce’s market.
After completing the market overview, I began working on the financial analysis section of my paper. In this section, I talked about the goodwill, the breakdown of the valuation of Slack, and how Salesforce approached the financing of the deal. I will need to take a deeper dive, however, to give a nuanced financial analysis.