Slack to Be Valued Around $17 Billion in IPO Next Week140

Slack Technologies Inc. is expected to be valued by investors at $16 billion to $17 billion when it lists its shares publicly next week, according to people familiar with the matter.

That valuation is roughly based on the workplace chat and collaboration software company's projected revenue and current growth rate, said the people, who asked not to be identified discussing private talks.

Original source
http://fortune.com/2019/06/12/slack-valuation-ipo/

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