Slack S-1

#1

Post by bardworx » Fri, Apr 26, 2019, 1:09 PM UTC

Re: Slack S-1

#2

Post by amrrs » Fri, Apr 26, 2019, 1:24 PM UTC

Lyft, Uber, Zoom, Beyond Meat and now, Slack

Is there any benefit of Public at this point of time? or Just a trend to grab as much as Wallet share from the average investor?

Re: Slack S-1

#3

Post by vital101 » Fri, Apr 26, 2019, 1:24 PM UTC

Zero to IPO in five years. Well done team Slack!

Re: Slack S-1

#4

Post by jasongill » Fri, Apr 26, 2019, 1:24 PM UTC

Congratulations to the Slack team; a great product that has generally become better over time. Let's hope that going public doesn't change them too much (although things like the new logo debacle don't inspire confidence at times)

Re: Slack S-1

#5

Post by bluetidepro » Fri, Apr 26, 2019, 1:25 PM UTC

I don't understand a ton about these documents, but I do always enjoy reading the "RISK FACTORS" that they have to include. Here is the link to them on here: https://www.sec.gov/Archives/edgar/data/1764925/000162828019...

Re: Slack S-1

#6

Post by bardworx » Fri, Apr 26, 2019, 1:28 PM UTC

amrrs wrote: post #2

Lyft, Uber, Zoom, Beyond Meat and now, Slack Is there any benefit of Public at this point of time? or Just a trend to grab as much as Wallet share from the average investor?

Slack is doing a direct listing and aren't raising money via their IPO. This could be good for the average investor as the prices woun't be pumped up but the risk is that there was no price discovery.

Re: Slack S-1

#7

Post by btown » Fri, Apr 26, 2019, 1:28 PM UTC

amrrs wrote: post #2

Lyft, Uber, Zoom, Beyond Meat and now, Slack Is there any benefit of Public at this point of time? or Just a trend to grab as much as Wallet share from the average investor?

Give investors liquidity before the inevitable economic downturn, without needing to sell the company.

Re: Slack S-1

#8

Post by CSMastermind » Fri, Apr 26, 2019, 1:29 PM UTC

amrrs wrote: post #2

Lyft, Uber, Zoom, Beyond Meat and now, Slack Is there any benefit of Public at this point of time? or Just a trend to grab as much as Wallet share from the average investor?

The market is going to crash and everyone wants to cash out before it does.

Re: Slack S-1

#9

Post by cocochanel » Fri, Apr 26, 2019, 1:31 PM UTC

bluetidepro wrote: post #5

I don't understand a ton about these documents, but I do always enjoy reading the "RISK FACTORS" that they have to include. Here is the link to them on here: https://www.sec.gov/Archives/edgar/data/1764925/000162828019...

> We have a history of net losses, we anticipate increasing operating expenses in the future, and we may not be able to achieve and, if achieved, maintain profitability.

Well, that doesn't sound too good.

Re: Slack S-1

#10

Post by rwc » Fri, Apr 26, 2019, 1:32 PM UTC

cocochanel wrote: post #9

bluetidepro wrote: post #5

I don't understand a ton about these documents, but I do always enjoy reading the "RISK FACTORS" that they have to include. Here is the link to them on here: https://www.sec.gov/Archives/edgar/data/1764925/000162828019...

> We have a history of net losses, we anticipate increasing operating expenses in the future, and we may not be able to achieve and, if achieved, maintain profitability. Well, that doesn't sound too good.

Obligatory “this is literally boilerplate language used in every S-1 filing” comment.