Slack Technologies
Slack Technologies, LLC is an American software company founded in 2009 in Vancouver, British Columbia, known for its proprietary communication platform Slack (software), Slack. Outside its headquarters in San Francisco, California, Slack also operates offices in New York City, Denver, Toronto, London, Paris, Tokyo, Dublin, Vancouver, Pune, and Melbourne. On June 20, 2019, Slack Technologies went public on the New York Stock Exchange via a Direct public offering, direct stock listing. On December 1, 2020, Salesforce announced its acquisition of Slack for $27.7 billion. On July 21, 2021, the acquisition was closed. History Initial funding and ''Glitch'' The company goes back to the San Francisco-based startup Tiny Speck, which was headed by Stewart Butterfield, the co-founder of the photo-sharing site Flickr. Tiny Speck received angel investor, angel funding of $1.5 million in 2009, followed by Series A funding of $5 million in 2010 from Accel (company), Accel and Andreessen H ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Slack (software)
Slack is a Cloud computing, cloud-based team communication platform developed by Slack Technologies, which has been owned by Salesforce since 2020. Slack uses a freemium, freemium model. Slack is primarily offered as a business-to-business service, with its userbase being predominantly team-based businesses while its functionalities are focused primarily on business administration and communication. History Slack originated as an internal communication tool used within Stewart Butterfield's company Tiny Speck, during its work on the development of ''Glitch (video game), Glitch'', an online video game. These communication tools were initially built around the Internet Relay Chat (IRC) protocol and included scripts designed to automate and organize file exchanges among its development team. By October 2012, Stewart Butterfield realized that ''Glitch'' was not going to bring necessary profits. As a result, he decided to change the direction of his company and repurpose the communic ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Dublin
Dublin is the capital and largest city of Republic of Ireland, Ireland. Situated on Dublin Bay at the mouth of the River Liffey, it is in the Provinces of Ireland, province of Leinster, and is bordered on the south by the Dublin Mountains, part of the Wicklow Mountains range. Dublin is the largest city by population on the island of Ireland; at the 2022 census of Ireland, 2022 census, the city council area had a population of 592,713, while the city including suburbs had a population of 1,263,219, County Dublin had a population of 1,501,500. Various definitions of a metropolitan Greater Dublin Area exist. A settlement was established in the area by the Gaels during or before the 7th century, followed by the Vikings. As the Kingdom of Dublin grew, it became Ireland's principal settlement by the 12th century Anglo-Norman invasion of Ireland. The city expanded rapidly from the 17th century and was briefly the second largest in the British Empire and sixth largest in Western Europ ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Forbes
''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The company is headquartered in Jersey City, New Jersey. Sherry Phillips is the current CEO of Forbes as of January 1, 2025. Published eight times per year, ''Forbes'' feature articles on finance, industry, investing, and marketing topics. It also reports on related subjects such as technology, communications, science, politics, and law. It has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is known for its lists and rankings, including its lists of the richest Americans (the Forbes 400, ''Forbes'' 400), of 30 notable people under the age of 30 (the Forbes 30 Under 30, ''Forbes'' 30 under 30), of America's wealthiest celebrities, of the world's top companies (the Fo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Series B
A venture round is a type of funding round used for venture capital financing, by which startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture funding is among the primary stimuli for the development of new companies and technologies. Features Parties *Founders or stakeholders. Introduce companies to investors. *A lead investor, typically the best known or most aggressive venture capital firm that is participating in the investment, or the one contributing the largest amount of cash. The lead investor typically oversees most of the negotiation, legal work, due diligence, and other formalities of the investment. It may also introduce the company to other investors, generally in an informal unpaid capacity. *Co-investors, other major investors who contribute alongside the lead investor. *Follow-on or piggyback investors. Typically angel investors, high-net worth individuals, family offices, instit ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Andreessen Horowitz
AH Capital Management, LLC (commonly known as Andreessen Horowitz, or a16z) is an American privately held venture capital firm, founded in 2009 by Marc Andreessen and Ben Horowitz. The company is headquartered in Menlo Park, California. As of May 2024, Andreessen Horowitz ranks first on the list of venture capital firms by assets under management, with $42 billion. Andreessen Horowitz invests in both early-stage Startup company, startups and established Growth stock, growth companies. Its investments span the healthcare, consumer, cryptocurrency, gaming, fintech, education, and enterprise IT (including cloud computing, security, and software as a service) industries. Founding and partnering Between 2006 and 2010, Marc Andreessen and Ben Horowitz actively invested in Technology company, technology companies. Both separately and together, they invested $4 million in 45 startups, including Twitter, Inc., Twitter. During this time, the two became known as "super angel" investors. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Accel (company)
Accel, formerly known as Accel Partners, is a global venture capital firm. Accel works with startups in seed, early and growth-stage investments. The company has offices in Palo Alto, California and San Francisco, California, with additional operating funds in London, and India. History In 1983, Accel was founded by Arthur Patterson and Jim Swartz. The co-founders developed the firm's "prepared mind" investment philosophy based on the Louis Pasteur quote "chance favors the prepared mind", which they say requires "deep focus" and a disciplined and informed approach to investing. In 2005, Accel Partners under the leadership of Jim Breyer, invested $12.7 million in Facebook, valuing the company at $98 million. This investment became one of the most lucrative in venture capital history with Accel’s stake increasing to $8 billion by 2012. Investments and fundraises In January 2025, Accel raised $650 million early stage fund for startups in India and South East Asia Accel focuses ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Series A
A series A is the name typically given to a company's first significant round of venture capital financing. It can be followed by the word round, investment or financing. The name refers to the class of preferred stock sold to investors in exchange for their investment. It is usually the first series of stock after the common stock and common stock options issued to company founders, employees, friends and family and angel investors. Series A rounds are traditionally a critical stage in the funding of new companies. Series A investors typically purchase 10% to 30% of the company. The capital raised during a series A is usually intended to capitalize the company for 6 months to 2 years as it develops its products, performs initial marketing and branding, hires its initial employees, and otherwise undertakes early stage business operations. It may be followed by more rounds ( Series B, Series C, etc). Sources of capital Because there are no public exchanges listing their secu ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Angel Investor
An angel investor (also known as a business angel, informal investor, angel funder, private investor, or seed investor) is an individual who provides capital to a business or businesses, including startups, usually in exchange for convertible debt or ownership equity. Angel investors often provide support to startups at a very early stage (when the risk of their failure is relatively high), once or in a consecutive manner, and when most investors are not prepared to back them. In a survey of 150 founders conducted by Wilbur Labs, about 70% of entrepreneurs will face potential business failure, and nearly 66% will face this potential failure within 25 months of launching their company. A small but increasing number of angel investors invest online through equity crowdfunding or organize themselves into angel groups or angel networks to share investment capital and provide advice to their portfolio companies. The number of angel investors has greatly increased since the mid-20th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Flickr
Flickr ( ) is an image hosting service, image and Online video platform, video hosting service, as well as an online community, founded in Canada and headquartered in the United States. It was created by Ludicorp in 2004 and was previously a common way for amateur and professional photographers to host high-resolution photos. It has changed ownership several times and has been owned by SmugMug since April 20, 2018. Flickr had a total of 112 million registered members and more than 3.5 million new images uploaded daily. On August 5, 2011, the site reported that it was hosting more than 6 billion images. In 2024, it was reported as having shared 10 billion photos and accepting 25 million per day. Photos and videos can be accessed from Flickr without the need to register an account, but an account must be made to upload content to the site. Registering an account also allows users to create a profile page containing photos and videos that the user has uploaded and also grants the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Slack Logo Pre 2019
Slack or Slacks may refer to: Places * Slack, West Yorkshire, a village in Calderdale, England * Slack (river), a river in Pas-de-Calais department, France * The Slack, a village in County Durham, England * Slacks Creek, Queensland, Australia, a suburb of Logan City Science and technology * Slack (project management), the time that a task in a project network can be delayed without delaying subsequent tasks or the overall project * Slack (software), a team communication tool that can be used for collaboration * Slack bus, an electrical power regulating system used to conduct load flow studies * Slack tub, used by a blacksmith to quench hot metal * Slack variable, a mathematical concept * File slack, a kind of computer internal fragmentation People * Slack (surname), a list of people Other uses * Slacks, another name for trousers * Slack Technologies, an American software company responsible for Slack software *'' Slack Technologies, LLC v. Pirani'', a U.S. Supreme Court se ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Direct Public Offering
A direct public offering (DPO) is a method by which a company can offer an investment opportunity directly to the public. Description A DPO is similar to an initial public offering (IPO) in that securities, such as stock or debt, are sold to investors. But unlike an IPO, a company uses a DPO to raise capital directly and without a "firm underwriting" from an investment banking firm or broker-dealer. A DPO may have a sponsoring FINRA broker, but the broker does not guarantee full subscription of the offering. In a DPO, the broker merely assures compliance with all applicable securities laws and assists with organizing the offering. Following compliance with federal and state securities laws, a company can sell its shares directly to anyone, even non- accredited investors, including customers, employees, suppliers, distributors, family, friends, and others.http://www.enotes.com/small-business-encyclopedia/direct-public-offerings Encyclopedia of Small Business Most DPOs do not re ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |