Slack stock direct listing12/30/2023 The direct listing is suddenly in vogue among some of Silicon Valley's techies and venture capitalists who hope that Slack (and Spotify before it) will show a generation of startups that there's an easier way to get a stock ticker than submitting to the Wall Street-controlled IPO machine. Instead of following the standard path to an IPO - with underwriter bake-offs, investor roadshows, and pre-trading price setting - Slack is doing what's called a direct listing. Slack, the popular workplace chat app, will make its debut on the public markets this week by doing something very unusual.
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