The Slack IPO, one of 2019’s most hotly-anticipated public offerings, is officially in motion. The widely used business productivity company announced today that it has filed for a direct listing.

It is seeking this arrangement on US stock exchanges with a $10 billion valuation. In private funding, the company has raised around $1 billion over 8 rounds, according to Crunchbase. Slack IPO Comes Amid Exponential Growth Slack earned $221 million in 2018 and had over $900 million in cash at the end of 2018. As of May 2018, Slack had 3 million paying customers and 8 million users overall, according to

The post Slack IPO: Here’s How Much This Silicon Valley Unicorn Could be Worth Now That it’s Going Public appeared first on CCN

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