Slack Joins the Lagging IPO Club

Slack (NYSE: WORK) just put out its first earnings report, and the market wasn't happy. Growth at the online-collaboration company has been lagging for years, and now Microsoft's (NASDAQ: MSFT) getting in the game in a big way.

In this week's Industry Focus: Tech, host Dylan Lewis and Motley Fool analyst Evan Niu look over the earnings report, along with Microsoft's new Teams push, and explain what it all means for Slack's future. Then the hosts discuss why so many of 2019's hyped up IPOs -- from Slack to Uber (NYSE: UBER) to Dropbox (NASDAQ: DBX) -- have failed to impress. Tune in to learn how private investing trends have shifted, why every new company wants to be seen as a tech player, what it means that WeWork is already slashing its IPO expectations, some big-picture context that investors need to know regarding the venture-capital market, and more.

To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. A full transcript follows the video.

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Source Fool.com