Re:Slack’s Shares Plunge After It Predicts a Larger Loss
by throwaway_law on Thursday September 05, 2019 @10:50AM
(#20887257)
Just goes to show the market can stay irrational longer than your species can continue to exist.
At the end of the day Slack is a SV unicorn that went public without turning any profit. I believe they marketed this in their S-1 as a "loss-making" company...who does the market think it is anyway trying to act rational.
At the end of the day Slack is a SV unicorn that went public without turning any profit. I believe they marketed this in their S-1 as a "loss-making" company...who does the market think it is anyway trying to act rational.