Despite recent developments in the public market, Slack is working on an IPO preparation program.
Founder and CEO of Slack, Stuart Butterfield, said in an interview with The Australian Business Review that the company had developed an “IPO preparation” program. The essence of the program is to be fully armed when the time comes X and Slack will consider it necessary to apply for a public offering.
“We conducted our first external audit and put in order management and security systems. We work a lot on mechanisms for analyzing and transmitting data, ”Butterfield said.
He also noted that Slack can reach an IPO no earlier than 18 months. And this provided that all the stars converge as it should.
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However, venture capitalists are increasingly talking about IPO, as a kind of “downward round” of financing. Indeed, immediately after an IPO, or after some time, the start-up score often falls and is significantly lower than in private rounds. This has happened with companies such as Square , Facebook , Groupon and Zynga .
At some stage, these companies were overvalued, and after an IPO they were simply returned from "heaven to earth." In connection with what is happening, many analysts do not miss the opportunity to recall the pretty dirty teeth of the dotcom bubble. That is, now, if a company acquires a reputation of not just a “bubble”, but a bubble that is about to burst, public investors, and then private investors, “turn away” from it.
In less than two years of its existence, the corporate messenger has grown to a valuation of $ 2.8 billion. The application has 1.7 million active users daily. Four months ago, their number did not exceed 1.1 million. This indicates a 55 percent increase. Every day the Slack audience increases by about 5 thousand users.
Slack was launched in February 2014 - almost a year and a half ago. In total, Slack raised $ 340 million. The company's investors were such funds as Google Ventures , Andreessen Horowitz , DST Global and Accel Partners .
Today, the service is integrated with more than 900 thousand applications. Slack supports such well-known services as GitHub , Google Drive , Trello , Twitter , Asana .
November 20, the world's largest social network Facebook announced its entry into the market of corporate instant messengers. The company has released the Work Chat application. Work Chat has group chat functions for discussing business ideas or for short instructions from superiors, as well as the possibility of individual correspondence.
The novelty is positioned as a working tool for business people. Experts have already noted that the messenger should be in demand among users of Facebook itself.
Despite the high growth rate of Slack, its audience is several orders of magnitude inferior to the Mark Zuckerberg project, which can help the rapid popularization of the new service.
“We conducted our first external audit and put in order management and security systems. We work a lot on mechanisms for analyzing and transmitting data, ”Butterfield said.
He also noted that Slack can reach an IPO no earlier than 18 months. And this provided that all the stars converge as it should.
')
However, venture capitalists are increasingly talking about IPO, as a kind of “downward round” of financing. Indeed, immediately after an IPO, or after some time, the start-up score often falls and is significantly lower than in private rounds. This has happened with companies such as Square , Facebook , Groupon and Zynga .
At some stage, these companies were overvalued, and after an IPO they were simply returned from "heaven to earth." In connection with what is happening, many analysts do not miss the opportunity to recall the pretty dirty teeth of the dotcom bubble. That is, now, if a company acquires a reputation of not just a “bubble”, but a bubble that is about to burst, public investors, and then private investors, “turn away” from it.
In less than two years of its existence, the corporate messenger has grown to a valuation of $ 2.8 billion. The application has 1.7 million active users daily. Four months ago, their number did not exceed 1.1 million. This indicates a 55 percent increase. Every day the Slack audience increases by about 5 thousand users.
Slack was launched in February 2014 - almost a year and a half ago. In total, Slack raised $ 340 million. The company's investors were such funds as Google Ventures , Andreessen Horowitz , DST Global and Accel Partners .
Today, the service is integrated with more than 900 thousand applications. Slack supports such well-known services as GitHub , Google Drive , Trello , Twitter , Asana .
November 20, the world's largest social network Facebook announced its entry into the market of corporate instant messengers. The company has released the Work Chat application. Work Chat has group chat functions for discussing business ideas or for short instructions from superiors, as well as the possibility of individual correspondence.
The novelty is positioned as a working tool for business people. Experts have already noted that the messenger should be in demand among users of Facebook itself.
Despite the high growth rate of Slack, its audience is several orders of magnitude inferior to the Mark Zuckerberg project, which can help the rapid popularization of the new service.
Source: https://habr.com/ru/post/296720/
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