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Tag: slack ipo

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Why Slack Is Skipping An IPO And Doing A Direct Listing

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From Zero Hedge 4/26/2019: Joining a deluge of private unicorns such as Lyft, Pinterest, and Uber rushing to access public capital markets while the S&P remains at all time highs, on Friday morning Slack Technologies became the latest Silicon Valley darling to go public, or rather “public”, because unlike most of its peers, instead of filing[…]

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Slack to go public in direct IPO similar to Spotify

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From Quartz Feb 4 2019: Slack is getting ready to go public. The ubiquitous work collaboration tool known for its cheerful logo and do-gooder ethos announced the move today (Feb 4), but did not disclose details of its listing plans. Since its founding 10 years ago, Slack has become a Silicon Valley powerhouse valued at $7.1 billion,[…]