Collaborative chat tools and large text corpora are ubiquitous in today’s world of real-time communication. As micro teams and start-ups adopt such tools, there is a need to understand the meaning (even at a high level) of chat conversations within collaborative teams. In this study, we propose a technique to segment chat conversations to increase the number of words available (19% on average) for text mining purposes. Using an open source dataset, we answer the question of whether having more words available for text mining can produce more useful information to the end user. Our technique can help microteams and start-ups with limited resources to efficiently model their conversations to afford a higher degree of readability and comprehension.