In the year 2016, Bill Gates was against the decision of purchasing its competitor Slack, instead, he wants the organization to improvise Skype for Business. The initial release of Microsoft Teams to public happened in the year 2017, and very recently the stable release 1.2.00.4664 of the product happened this year in the month of February. As we understand most of the corporate work routines run on Office 365 suite, the Microsoft Teams is one of the essential parts of it.
On the other hand, Slack made its public appearance in the year 2013 by Stewart Butterfield. Recently Slack has launched a new logo in the month of January of this year, and there was much difference of opinions among netizens on the new logo as many of them liked the old logo when compared to the new one. Slack allows the users to check all the latest updates from @slackapi.
Initially, in the year, 2014 Slack has $43 million funding for its operations, to round it up to additional funding of $200 million in April 2016.
Let us look into the quick comparison at both the tools