简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:Slack insiders are set to reap some big paydays when the workplace messaging company goes public.
Slack, the workplace messaging app, is about to go public in a multi-billion IPO.Some of the company's early investors have stakes worth billions, and many employees have shares worth millions.Here are the people and investors who stand to make the most.Slack has released its SEC paperwork to become a public company giving us our first glimpse at its financials and top investors.As is typical these days, Slack is using a two-tier structure where it will sell Class A shares to the public, with each of those shares offering one vote per share; and it will have Class B shares that come with 10 votes per share.But Slack's power structure has a twist. Normally the super-voting shares are held by founders as a way to keep tight fisted control after their company goes public. In Slack's case, all of its major shareholders will get the Class B shares that provide 10-votes-per share stock, its current paperwork shows. This includes the company's founders, as well as the major investors, board members at the companies executives (12 executives in all, the paperwork says).All of those Class B stockholders will do well if the IPO goes well. We don't know exactly how much money these shareholders stand to make because Slack has not yet priced its Class A shares. We also don't know if the Class B shares will be valued higher/differently. But, we do know that some employees have been allowed to sell their stock on the private, secondary market ahead of the IPO at $28 a share, valuing the company at $17 billion, CNBC reports.So, just for fun, we used the $28/share price to calculate the value of the stakes owned by its major shareholders. (We'll update these numbers after Slack officially announces the price of its shares.)With all those caveats, here are the people and investors getting rich from Slack's huge IPO:
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Bill Gates warned Donald Trump before he took office of the dangers of a pandemic — and urged him to prioritize the US' preparedness efforts.
Of the 100 largest US metro areas, Zillow found that 26 saw a month-over-month decrease in median listing price, ranging from 0.1% to 3.3%.
Before the coronavirus, luxury conglomerate LVMH was posting record-breaking revenues and sending Bernard Arnault's net worth soaring.
Several officials agreed that the Fed's relief efforts — while necessary — pose economic risks if they go unchecked and aren't appropriately reversed.