1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Cody Eustice
Articles (545)  | Author's Website |

Slack CEO Interview With CNBC

Slack's direct listing rallied over 40% on its first day of trading

June 25, 2019 | About:


Slack (NYSE:WORK) CEO and Co-Founder Stewart Butterfield sat down with CNBC to discuss going the direct listing route instead of an initial public offering like other companies. The company has over $800 million in cash and didn't need to raise capital, but just list shares on the market. Throughout the interview, Butterfield discussed Slack's business model and plans to make money. The company has more than 10 million daily active users and 95,000 paying customers on its platform. Slack is producing revenues of $400 million and reporting losses of more than $180 million.


Watch CNBC's full interview with Slack CEO Stewart Butterfield ahead of a direct listing from CNBC.

About the author:

Rating: 0.0/5 (0 votes)


Please leave your comment:

Performances of the stocks mentioned by Cody Eustice

User Generated Screeners

pascal.van.garsseHigh FCF-M2
kosalmmuseBest one1
DBrizanall 2019Feb26
kosalmmuseBest one
DBrizanall 2019Feb25
MsDale*52-Week Low
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat