Slack listing comes during banner year for tech IPOs despite Uber and Lyft’s troubled debuts

When Slack Technologies Inc. said it was taking the unusual route of a direct listing rather than a traditional IPO after Uber and Lyft’s high-profile offerings landed with thuds earlier this year, conventional wisdom suggested it was dodging a rough year for tech IPOs. Right? Wrong.

The messaging platform, flush with funding and brand name recognition, is merely taking an unconventional path in what has so far has been a banner year for tech initial public offerings. ”We made our decision to go public last year,” Slack Chief Financial Officer Allen Shim told MarketWatch early Thursday, hours before its public debut.

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