Messaging company Slack is planning to use a direct listing method to go public instead of an IPO, according to CNBC. A direct listing, which Spotify used when it went public in April of 2018, means that Slack won’t have to use underwriters (go-betweens that...
Is the era of email coming to an end? Maybe — and maybe in several years. Slack CEO and Co-Founder Stewart Butterfield was quoted by CNBC as stating in an interview that email — at least in some ways — will soon see the end...
Call it direct-to-consumer — in a way. Headed into this week, Slack is set to offer up shares in an action that differs from the traditional initial public offering (IPO) listing process. Get the Full Story Complete the form to unlock this article and enjoy...
Despite the disappointing performance of both Uber and Lyft, the initial public offering (IPO) market remains strong. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
This week marked the debut of a few surging initial public offerings (IPOs), focused on commerce done by bits and bytes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Amid a slew of busted initial public offerings in the tech realm, with Uber and Lyft among them, and the specter of regulators looking into platform firms like Facebook and Google, a recent addition to the pantheon bears watching. Get the Full Story Complete the...
Uber CEO Dara Khosrowshahi has blamed his company’s lackluster initial public offering (IPO) on U.S. trade tensions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Chinese facial recognition company Megvii might decide to postpone its initial public offering (IPO), due to tensions and the trade war between the U.S. and China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
New York-based startup WeWork, which rents office space and desks to workers, is looking for a $2.75 billion credit line in anticipation of an upcoming initial public offering, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article...
