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Slack non-IPO: 5 things to know about the direct listing

Emily Bary
Slack non-IPO: 5 things to know about the direct listing

Slack Technologies Inc. is looking for a better direct-listing fate than Spotify Technology SA. The music-streaming service reminded tech unicorns late last year that companies don’t have to issue new shares or raise money through a traditional offering if they wish to go public, and now Slack is following in its footsteps. The business-chat company is going public through a direct listing. and its shares are expected to start trading Thursday.