[portman]

>> 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.

[Kiro]

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

[marcins]

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_...