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Slack has confidentially filed to go public

Slack has confidentially filed to go public

Slack, one of the most hotly anticipated IPOs of 2019, announced Monday that it has confidentially filed to go public with the Securities and Exchange Commission. The company, which sells an enterprise collaboration and chat platform, joins the ranks of Silicon Valley unicorns like Lyft, Uber and Zoom, which could make history as the largest…


Slack, one of the most hotly anticipated IPOs of 2019, announced Monday that it has confidentially filed to go public with the Securities and Exchange Commission.

The company, which sells an enterprise collaboration and chat platform, joins the ranks of Silicon Valley unicorns like Lyft, Uber and Zoom, which could make history as the largest cohort of multi-billion dollar privately funded companies to hit the public markets.

Slack was last valued at $7 billion in 2018. It’s backed famed venture capital firms such as Kliener Perkins, Google’s GV, SoftBank, Accel Partners and Andreessen Horowitz.

Here is the full statement:

Slack Technologies, Inc. today announced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (the “SEC”) relating to the proposed public listing of its Class A common stock. The public listing is expected to take place after the SEC completes its review process, subject to market and other conditions.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended (“Securities Act”). This announcement is being issued in accordance with Rule 135 under the Securities Act.

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