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    Putting A Price On Chat: Slack Is Going Public At $16 Billion Value

    In just five years, Slack has grown to more than 10 million users and become a verb in the process. "I'll Slack you" is shorthand for sending a message via the chat platform. Now it's going public.
    by Amy Scott Jun 19, 2019 2 minutes
    Slack Technologies is going public Thursday. In the fiscal year that ended Jan. 31, the company nearly doubled its revenues, to about $400 million. But it had a net loss of nearly $139 million.

    In just five years, Slack has grown to have more than 10 million users and has become a verb in the process. "I'll Slack you" is shorthand for sending a message via the workplace chat platform.

    On Thursday, the company will take that popularity to the New for the first time.

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