Glue organizes all communication into threads, which can be started by an individual or a team. The app also incorporates AI, which can suggest topic names for each thread, summarize conversations, and gather information about employees based on their chat history. Glue will be offered to other companies after being used internally by Craft Ventures for a year. After a three-month trial period, Glue will charge $7 per employee a month. Sacks hinted that Glue may be ready to raise its first external funding shortly after the unveiling of the app.
Key takeaways:
- David Sacks and Evan Owen have created Glue, an employee chat app designed to combat "Slack channel fatigue" by organizing all communication into threads.
- Glue's AI bot can be invited to join threads, and the AI can suggest topic names, summarize conversations, and gather information about employees based on their chat history.
- Glue will be offered to other companies after being used internally by Craft Ventures for a year, with a pricing of $7 per employee a month after a three-month trial period.
- Sacks hinted that Glue may be ready to raise its first external funding shortly after the unveiling of the app, and he's hoping for a high valuation given he's positioning Glue as an AI company.