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"Startup Quip is taking on big boys Microsoft, Apple and Google with a revamped Web and mobile word processing app called Quip 2.0 that provides users with new publishing and search capabilities. Quip 1.0 launched last July and is now used by over 5,000 companies, including Path, Taser, Zomato and Facebook, for whom Quip leader Bret Taylor used to serve as chief technology officer. Quip 1.0 includes a word processor and built-in messaging capability."

"A new player has entered the enterprise productivity race. For decades, Microsoft reigned as the market leader in enterprise productivity - until Google pushed into the space with Google Apps. Now, with the acquisition of Quip, Salesforce is joining Microsoft and Google in the race. The implications, however, extend far beyond productivity and CRM. Recent developments in enterprise software - including Oracle's acquisition of NetSuite, Microsoft's purchase of LinkedIn and Salesforce's acquisition of Demandware and Quip - point to a shift in the market. Enterprise software (not just productivity apps) can no longer be siloed applications bolted together with varying degrees of integration. Today's tools are expected to be cross-functional, with native integration, real-time collaboration and smart communication at their very core. Enterprise software giants across different verticals are moving in the direction of end-to-end solutions in an attempt to own more of the workflow - Salesforce's acquisition of Quip will only intensify the competition. For enterprise software startups, it's indicative of more mergers and acquisitions to come."

"John Lilly, a partner at Greylock Partners, invests in companies that zhuzh office productivity tools for today's mobile worker. He sits on the board of Quip (a more collaborative Microsoft Word) and Figma (an Adobe Photoshop for the sharing generation), among others. He also led Greylock's investment in Dropbox, along with its stakes in Tumblr, acquired by Yahoo in 2013, and Instagram, which Facebook bought in 2012. Before joining Greylock in 2011, Lilly was C.E.O. of Mozilla, the organization behind Firefox, the Web browser that quietly grabbed share from Microsoft's then-dominant Internet Explorer in the early 2000s. While Lilly is betting on a new generation of Microsoft antagonists, he explains why he isn't writing off the software giant, how new tools will change the way we work, and why he finds Slack so vexing."

"I've been exploring a growing list of web-based tools for the creation and management of what most would call 'documents' - assemblages of text, images, lists, embedded video, audio and other media - but which, are in fact, something quite different than the precursors, like Microsoft Word and Apple Pages documents. The big shift underlying these new tools is that they are not oriented around printing onto paper, or digital analogues of paper, like PDF. Instead, they take as a given that the creation, management, and sharing of these assemblages of information will take place nearly all the time online, and will be social at the core: coediting, commenting, and sharing are not afterthoughts grafted onto a 'work processing' architecture. As a result, I am referring to these tools - like the pioneering Google Docs, and newer entrants Dropbox Paper, Quip, Draft, and Notion - as 'work processing' tools. This gets across the idea that we aren't just pushing words onto paper through agency of word processing apps, we're capturing and sharing information that's critical to our increasingly digital businesses, to be accessed and leveraged in digital-first use cases. In a recent piece on Medium, Documents are the new Email, I made the case that old style 'documents' are declining as a percentage of overall work communications, with larger percentages shifting to chat, texting, and work media (enterprise social networks). And, like email, documents are increasingly disliked as a means to communicate. And I suggested that, over time, these older word processing documents - and the use cases that have built up around them - will decline. At the same time, I believe there is a great deal of promise in 'work processing' tools, which are based around web publishing, web notions of sharing and co-creation, and the allure of content-centric work management."

"Facebook at Work - the enterprise version of Facebook that lets businesses build their own secure social networks - has racked up over 60,000 companies on a waiting list while still in closed beta. And as it gears up for a full global launch and new features like an app platform later this year, Facebook is announcing its newest big customer. As of today, Telenor, the carrier based out of Norway with operations in some 13 countries covering 203 million people, is turning on Facebook for 36,000 employees globally."

"Asana, an enterprise app that lets people set and track projects and other goals, has hit a goal of its own: today, the company is announcing that it has raised $50 million. The Series C round - led by Y-Combinator's Sam Altman - values the company at $600 million, the company tells me. As a bit of context, Asana last raised $28 million in 2012; that Series B was at a $280 million valuation, according to our sources. Co-founded in 2009 by Facebook co-founder Dustin Moskovitz and early FB employee Justin Rosenstein out of the belief, in their own words, that "every team in the world is capable of accomplishing bigger goals, and that software could help empower them to drive work forward with more ease, clarity, and accountability," the company will be using the funds to continue building out Asana's functionality (more on that below) and also expand its customer base internationally (it's largely a US-based list of clients today)."