Slack, the workplace messaging app, is now a public company, in one of the most anticipated multi-billion IPOs of the year. Some of the company’s early investors have stakes worth billions, and many employees have shares worth millions. Here are the people and investors who stand to make the most. […]
Slack, the buzzy workplace-chat platform last valued at over $US7 billion, filed the paperwork on Friday to publicly list its shares. The company has tapped into an interesting new trend for tech firms going public, saying it would do a “direct listing” that avoids the usual Wall Street IPO process. […]
Slack could publicly file for its long-awaited IPO as soon as Friday, Business Insider has confirmed. The timing of Slack’s upcoming S-1, which was first reported by the Wall Street Journal, puts the company on track to go public in May or June. Slack, which was last privately valued at […]
Slack is reportedly planning to use a rare direct listing to go public, potentially becoming the second big technology company after Spotify to bypass a traditional initial public offering. In a direct listing, a company foregoes the usual underwriting process, which involves lining up investors ahead of time and selling […]
Slack debuted Thursday on the New York Stock Exchange under the ticker “WORK.” Trading early Thursday saw the company’s stock up over 50% from its reference price $US26 per share. That values the company at just under $US20 billion. In a Twitter thread from 2016, Slack cofounder and CEO Stewart […]
