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<a href="https://slack.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=slack-files-to-go-public-2709090" target="_blank" rel="nofollow" target="_blank">Slack</a>, the tech start-up that made a name for itself by shaking up the way people communicate in the workplace, announced it has submitted its registration for a &quot;proposed public listing&quot; with the U.S. Securities and Exchanges Commission,<a href="https://www.cnn.com/2019/02/04/tech/slack-ipo-filing/index.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=slack-files-to-go-public-2709090" target="_blank" rel="nofollow" target="_blank"> according to a CNN article.</a>

It has been previously reported that Slack would go public through a direct listing instead of raising new capital a la Spotify last year, according to the article. Unlike a traditional initial public offering (IPO) that entails a months-long selling freeze, a direct filing allows Slack employees and longtime shareholders to sell stock from the jump

The workplace communication platform that functions similar to a chat room with a goal of streamlining processes and eliminating email clutter has raised approximately $1.2 billion from investors and was most recently valued at $7.1 billion, CNN noted. The company said it has 85,000 paid customers worldwide.

Read the full story <a href="https://www.cnn.com/2019/02/04/tech/slack-ipo-filing/index.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=slack-files-to-go-public-2709090" target="_blank" rel="nofollow" target="_blank">here</a>.

Slack, Slack IPO, Slack direct listing, workplace communication platform

Slack Files To Go Public

1851 Franchise

Workplace communication platform Slack has filed confidential paperwork with the SEC for a direct listing.

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