By iStartAdmin on Friday, 26 April 2019
Category: Technology

The amazing life of Stewart Butterfield, the CEO who led Slack to become a $7 billion company and a debut on the public markets (SK)

Stewart Butterfield. Slack

Stewart Butterfield is on a roll.

Before building his $7 billion startup Slack — which many consider the fastest-growing business app ever, and which officially filed the paperwork to go public Friday— Stewart Butterfield ran another hot startup called Flickr, which sold to Yahoo for over $20 million.

This time, Butterfield's exit promises to be much splashier. The workplace messaging app, born out of a now-defunct gaming startup Tiny Speck, will find itself in the spotlight when it has what's widely expected to be an exciting debut on the public markets.

As 2019 shapes up to be a banner year for tech IPOs, Butterfield's journey to success stands out. Along the way, Butterfield grappled with trying to fundraise for a startup in a post-tech bubble landscape. And even should he successfully navigate Slack to a successful public debut, he still has to deal with the looming threat of Microsoft.

Read More: Slack, the $7 billion office-messaging app that millennials and startups love, just filed to go public in a really weird way

This is an update to a post by Maya Kosoff first published in 2015.

Original link
Original author: Megan Hernbroth