Slack Is Going Public at a $16B Valuation
Putting A Price On Chat: Slack Is Going Public At $16 Billion Value
In just five years, Slack has grown to have more than 10 million users and has become a verb in the process. Instead of having a conventional initial public offering, Slack will enter into the market as a direct listing, which means the shares will simply be listed on the New York Stock Exchange. But despite interest from Amazon, Google and Microsoft in 2017, he held on to Slack, which continued to compete with emerging chat platforms.
Source: www.npr.org