Slack IPO Date 2019 and Everything You Need to Know About Slack IPO: When Will Slack IPO Happen, Profitability Estimates, Share Price and More- Mon Apr 22

Slack, a popular workspace messaging application, is joining the growing market of startup IPOs that turned out to be a huge success during the last year. Based on the number of startup IPOs waiting to be issued in 2019, this might be another great period for initial public offerings as around 300 billion dollars in estimated value should enter the market and go public.

Furthermore, Slack appears to be planning to go for direct listing without going through a round of funding first as private investors already made estimates for the company stating that its value for IPO s set at 7.1 billion dollars, also adding that there should be an increased demand for Slack shares once the company goes public.

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What to Expect from the Upcoming Slack IPO in 2019?

After having the sector of private investors evaluating the company’s shares at 7.1 billion dollars, however, multiple private firms are lining up for the upcoming Slack IPO, estimating the value of shares at 13.1 billion dollars.

Slack representatives have already hired Goldman Sachs to lead their IPO, while it is expected to see the IPO going live in 2019 as the company filed their filings to SEC back in February as announced by the company back on February 4th in their official blog post.

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Slack is reporting around 10 million active users on daily basis, while the company managed to collect 427 million dollars in a private funding round back in August 2018, also collecting 250 million dollars in 2017 from private investors.

The company is said t have already raised 1 billion dollars thanks to private investors such as General Atlantic, SoftBank Vision Fund, T. Rowe Price Associates, and Dragoneer Investment Group.

The exact date of the IPO issuance is yet to be revealed, while the estimated price per share also remains unknown for now as the company is preparing to go public.

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