Slack Is Going Public Today. Here Are 3 Reasons It’s a Big Deal

Instead, Slack will list its shares directly with the NYSE. The shares that you’ll be able to eventually trade aren’t newly issued shares that generate money for the company, but rather are shares currently held by founders, employees, or investors. In fact, a direct public offering (DPO) is mostly a way for those insiders to unlock the value of their shares and generate cash. 

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