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Most of the IPOs are getting killed this year because they were overvalued during their investment rounds. Slack may still come out of it but I would expect it
by jppope 7y ago
Most of the IPOs are getting killed this year because they were overvalued during their investment rounds. Slack may still come out of it but I would expect it to take a little bit.
Also do keep in mind that all the VC money / investors can't make trades till 6 months after the IPO so you might see some movement in October.