The amazing life of Stewart Butterfield, the CEO who led Slack to become a $7 billion company and a debut on the public markets

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Slack started as a video game called 'Glitch.' Then it became so much more.

, the fast-growing workplace-chat platform with a $7 billion private valuation, filed the paperwork on Friday to publicly list its shares in a direct listing.

Stewart Butterfield founded Slack in 2013 after selling his first startup, Flickr, to Yahoo for more than $20 million.Before building his $7 billion startup Slack — which many consider the fastest-growing business app ever, and which— Stewart Butterfield ran another hot startup called Flickr, which sold to Yahoo for over $20 million.

This time, Butterfield's exit promises to be much splashier. The workplace messaging app, born out of a now-defunct gaming startup Tiny Speck, will find itself in the spotlight when it has what's widely expected to be an exciting debut on the public markets., Butterfield's journey to success stands out. Along the way, Butterfield grappled with trying to fundraise for a startup in a post-tech bubble landscape.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I don’t particularly like slack but it’s success is impressive 👏 heads up

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Slack valued near $17 billion on secondary market ahead of public offeringSlack investors are getting up to $28 a share to sell some of their holdings ahead of a public offering. I have no idea of SlackHQ’s financials going into the IPO, but I use it everyday and find it amazing w/ the simple chat layout and integration capabilities SaveThisTweet
Source: CNBC - 🏆 12. / 72 Read more »