NPR

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.
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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