we raised a lot more money than we ever used,” he told The Australian Financial Review while visiting Sydney last week. “We’d raised over $US1 billion before we went public 2½-years ago. Slack co-founder Cal Henderson said the business raised far more capital than it ever used, in case funding market conditions changed. The chief technology officer of the now Salesforce-owned instant messaging and collaboration platform for businesses sold his company during a purple patch for the tech sector in December 2020, after already taking advantage of the years of cheap capital that was available for start-ups from US venture capital funds. Slack co-founder Cal Henderson knows how good he’s got it.
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