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December 23, 2019 07:00 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/6sREQ59rZKc/
Slacks worth about 18x revenue, and theres nothing wrong with that
One odd thing in 2019 has been Slack’s falling share price contrasted against the rising value of the Nasdaq composite, a tech-heavy index that many use as shorthand for the US tech market. Why one of tech’s hottest, and fastest-growing companies was losing altitude while tech stocks themselves broadly rose has been interesting to unpack. […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/6sREQ59rZKc/
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