Due to the stock market correction that occurred in December hitting the technology sector especially hard, many private «unicorns» are forced to seek ways to go public. Some of them are likely to opt for a less traditional method than an IPO at least Slack and Airbnb are considering a direct listing option. Heres what a direct listing is, what IPO alternatives exist, and why it is important.
Slack is going public soon: we immediately discussed the news right in Slack as its the corporate messenger at United Traders. Heres our take on the outlook of a large IPO and some personal experience of using Slack for corporate communications.