Deals
Slack Listing Likely to Value It at Up to $17 Billion
- Valuation as public company could be double last funding round
- Workplace chat company plans unusual direct listing next week
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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.