Slack Files for U.S. Direct Listing on NYSE

The video discusses Slack's financials, highlighting its growth in revenue and path to profitability. It explains Slack's decision to opt for a direct listing instead of an IPO, emphasizing the benefits of liquidity without dilution. The video also covers Uber's conservative valuation approach and the market's response to its growth challenges.

What was Slack's revenue growth from the previous year?

• It tripled

• It doubled

• It decreased

• It remained the same

What is a key difference between a direct listing and an IPO?

• Direct listing involves underwriters

• IPO does not involve banks

• IPO does not create liquidity

• Direct listing does not issue new shares

Why did Slack choose a direct listing over an IPO?

• To increase publicity

• To create shareholder liquidity without dilution

• To raise more capital

• To issue new shares

What was Uber's announced share price range?

• $50 to $60

• $44 to $50

• $60 to $70

• $30 to $40

What challenge is Uber facing according to the market's response?

• Increased competition from Lyft

• Slowed growth and competition from DoorDash

• High operational costs

• Lack of investor interest