Slack published plans for its direct-listing IPO, showing revenue is growing sharply but that it is still losing significant amounts of money
Slack Technologies Inc. published plans for its unusual initial public offering, detailing financial results of a fast-growing business whose software has supplanted email as the main method of communication for some of its customers.
The California-based workplace-messaging company filed to go public with the Securities and Exchange Commission on Friday. The filing showed that the company’s revenue is growing sharply but that it is still losing significant amounts as it pours money into sales and marketing to drive growth....
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