Bloomberg Technology
@bloombergtech·728K subscribers·13.9K videos
Slack Skipping IPO and Going Right to the Public
Posted
June 18, 2019
Views
4,174
Likes
54
Comments
4
Engagement
1.39%
June 18, 2019
4,174
54
4
1.39%
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1:35Now PlayingJun.17 -- Work collaboration tool Slack is going public this week, but not with an IPO. The company is opting for a direct listing allowing it's investors and employees to sell their existing shares immediately. The company has a current valuation of $16.5 billion. Bloomberg's Emily Chang reports.
Disclosure: Bloomberg Beta, the venture capital arm of Bloomberg LP, is an investor in Slack.
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