Why Slack’s Upcoming “Direct Listing” May Work For Investors

During an IPO boom, fast-growing companies typically go public for one reason alone: to raise cash. Lyft, Pinterest, and Zoom are just a few of the closely watched startups to debut in recent months, raising billions in the public markets to fuel their growth. But now there’s a new twist: Going public without raising any […]

Lyft Stock Tumbles Two Days After its IPO

Lyft’s high-flying stock has taken a dive just a day after debuting on the Nasdaq. And the shockwave could rock other big tech companies readying for their own initial public offerings this year. “This is a pivotal few weeks of trading ahead to gauge street demand for the name as valuation and profitability continue to […]

Lyft Kicks Off Highly-Anticipated ‘Year of the IPO’

Lyft’s initial public offering on Thursday is the first of a series of highly-anticipated debuts by tech companies in public markets. And so far, Lyft is proving that it’s the right time to make the leap. “With what we’re seeing with the excitement and feedback from the investment community, this IPO market could end up […]

Facebook’s Workplace Has Acquired 2 Million Paid Users in 18 Months

Facebook’s Workplace now has more than 2 million paid users and more than 150 companies using the work-based collaboration and chatroom feature to connect more than 10,000 of their employees together on the platform. Workplace operates similarly to Slack and allows organizations to create different channels where employees can discuss everything from HR issues to […]