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Slack has raised $1.2 billion and is now going to raise even more by going public. Discord has raised $280 million. Microsoft is putting who knows how much into

Slack has raised $1.2 billion and is now going to raise even more by going public. Discord has raised $280 million. Microsoft is putting who knows how much into teams.

opportune 8y ago
I was under the perhaps mistaken impression that Slack was not raising money from going public since they were doing a direct listing
- mandeepj 8y ago
  IPO’s are always about money and getting rid of unwanted investors
- ttul 8y ago
  This is correct. They are just listing their existing shares; not issuing new capital. But once public, they can issue stock at will.