The curious case of Slack’s missing $162 million

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Slack has filed its S-1 registration statement with the SEC in preparation for its direct listing. One interesting dataset that usually comes out of these S-1s is the company’s actual fundraising history. Slack has raised eight main rounds (series A-H), and 15 rounds total when including individual tranches since it incorporated on February 25, 2009 according to Delaware records.

Now that we have data, we can ask: how did the tech press do in covering the company?

Arman and I investigated by looking at coverage of Slack’s individual rounds of capital on startup news sites and comparing those reported numbers to the data now offered in the S-1. For the most part, the tech press did decently well, except for one curious, $162 million gap.

The missing Form D

First, though, a note about Form Ds.

Written by Arman Tabatabai
This news first appeared on https://techcrunch.com/2019/04/30/the-curious-case-of-slacks-missing-162-million/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Techcrunch+%28TechCrunch%29 under the title “The curious case of Slack’s missing $162 million”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.