The Most Valuable Unicorns — and Their Hedge Fund Backers
Tiger Global and Glade Brook have investments in several of the most valuable private companies.
Another day, another successful unicorn IPO.
Shares of Slack Technologies, which went public on Thursday, closed at $38.62, up 48.5 percent from its reference price of $26 after opening for trading at $38.50.
The workplace-messaging company used a direct listing, an unusual method for going public, where by there were no underwriters and the company did not sell shares.