• Report: Slack is prepping an IPO for next year, with Goldman Sachs as its lead underwriter

    4 days ago - By Tech Crunch

    Slack Technologies, the workplace messaging company, has hired investment bank Goldman Sachs to lead its IPO next year, according to a Reuters report. Reuters' sources say the company is hoping to nab a valuation of “well over $10 billion.”
    Slack, which is based in San Francisco and Vancouver, revealed back in May that it had 8 million daily active users. At the time, it said that 3 million of its users were also, crucially, paid users.
    In August, when the company announced $427 million in new funding in a round that valued the company at $7.1 billion, it told the New York Times that it...
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  • Slack Hires Goldman Sachs to Lead Its IPO Planned for 2019, Report Says

    4 days ago - By Fortune

    Slack hired investment bank Goldman Sachs as the lead underwriter for its highly anticipated initial public offering, Reuters reported Friday.
    Slack is talking with investment banks to help underwrite an IPO, which could end up valuing the chat and workplace-collaboration software maker as high as $10 billion, Reuters said, citing unnamed sources.
    In August, Slack raised $427 million in a private round of financing led by General Atlantic and Dragoneer. At the time, the investment valued the company at more than $7 billion. The company has raised a total of $1.2 billion in seven funding...
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  • Exclusive: Chat-service firm Slack taps Goldman Sachs to lead IPO - sources

    4 days ago - By Reuters

    Slack Technologies Inc, a provider of chat and direct messaging services for businesses, has hired investment bank Goldman Sachs Group Inc to lead its initial public offering next year as an underwriter, people familiar with the matter said.
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