Slack planning IPO in 2019, expects to raise $10 bn: Report

Workplace chat software startup Slack has hired investment bank Goldman Sachs Group to lead its initial public offering next year as an underwriter, according to a report. Slack hopes to fetch a valuation of well over $10 billion in its offering, the report added. The startup was last valued at over $7.1 billion in August in a private fundraising round.

This short was originally published on Inshorts, based on an article in TechCrunch.

Leave a Reply

Your email address will not be published. Required fields are marked *