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>> Slack will also let employees and other shareholders sell equity to investors as part of the deal

Translation: partial liquidity for founders and early employees.



So that means not all of the $250M is going into the company? How common is that?


Common enough, Atlassian did the same thing a few years before it's IPO - in this case all the money went to employees:

https://www.atlassian.com/blog/archives/atlassian_closes_60_...




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