---
title: "Slack Files To Go Public"
url: https://burnaze.com/article/dcf2bc09-38bd-40c6-a692-f656b81c4240
source: "1851 Franchise"
original_url: https://1851franchise.com/slack-files-to-go-public-2709090
category: "Technology"
topics: ["Technology"]
published: 2019-02-06T15:10:02.000Z
modified: 2026-11-01T04:08:07.124Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/c8bccf9b17aee421ed1eecc17155bfb07098.jpg
---

# Slack Files To Go Public

**TL;DR:** Slack has submitted its registration for a proposed public listing with the U.S. Securities and Exchange Commission. The company has raised approximately $1.2 billion from investors and was most recently valued at $7.1 billion.

*originally published in 1851 Franchise on 2019-02-06. [Read the original](https://1851franchise.com/slack-files-to-go-public-2709090).*

## Story

Slack, the tech start-up that made a name for itself by shaking up the way people communicate in the workplace, announced it has submitted its registration for a "proposed public listing" with the U.S. Securities and Exchanges Commission, according to a CNN article.

It has been previously reported that Slack would go public through a direct listing instead of raising new capital a la Spotify last year, according to the article. Unlike a traditional initial public offering (IPO) that entails a months-long selling freeze, a direct filing allows Slack employees and longtime shareholders to sell stock from the jump

The workplace communication platform that functions similar to a chat room with a goal of streamlining processes and eliminating email clutter has raised approximately $1.2 billion from investors and was most recently valued at $7.1 billion, CNN noted. The company said it has 85,000 paid customers worldwide.

## Entities

- 1851 Franchise (publication)
- General (sector)
- ipo (topic)
- U.S. Securities and Exchange Commission (regulator)
- Slack (company)
- tech startup (topic)
- direct listing (topic)

---
Originally reported by 1851 Franchise (https://1851franchise.com/slack-files-to-go-public-2709090). Summarized by Burnaze (https://burnaze.com/article/dcf2bc09-38bd-40c6-a692-f656b81c4240).