Why Messaging Startup Slack Keeps Raising Money It Doesn’t Need

Re:Why Messaging Startup Slack Keeps Raising Money It Doesn’... by mchahn on Wednesday March 16, 2016 @07:46PM (#11301580)

Continually raising money means the current stockholders, including people recently hired,are being diluted and are seeing their percentage shrink. This won't matter in the short term as the valuation soars, but it definitely will matter when the company matures and the end value is worth less.

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Re:Why Messaging Startup Slack Keeps Raising Money It Doesn’... by encoderer on Wednesday March 16, 2016 @10:05PM (#11302132)

Well, the idea is that employees will own a little less of a company that now has $150MM more on it's balance sheet.

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Re:Why Messaging Startup Slack Keeps Raising Money It Doesn’... by harryh on Wednesday March 16, 2016 @07:51PM (#11301605)

That's only true if the money is spent unprofitably.

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Re:Why Messaging Startup Slack Keeps Raising Money It Doesn’... by vram22 on Wednesday March 16, 2016 @08:03PM (#11301670)

> the end value is worth less.

Just realized: the meaning changes a lot if you remove the space between worth and less :)

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