Slack IPO - A First Look

The numbers all look pretty impressive, but then I glanced at the percentages and they don’t seem to add up…

Year Apr Jul Oct Jan Total Growth
FY2018 42,719 51,320 58,046 68,459 220,544 120% 113% 118%
FY2019 80,919 92,018 105,648 121,967 400,552 118% 114% 115% 115%

Since none of the 2019 numbers are more than double the 2018 numbers, I’m not sure how you got all the 100%+ growth numbers? The same goes for the next table of operating expenses…or am I looking at something wrong (wouldn’t be the first time)?


He is using Q/Q change rather than Y/Y growth.

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