Accel's success gives pause to this idea that the venture capital model is really being blown up, as is the trendy talk these days.
This story requires our BI Prime membership. To read the full article,With Slack getting ready to go public this week, venture firm Accel is poised to rack up another big win.
Except that Slack isn't technically having an IPO, because it is having a more unusual direct listing. That means it's going public without an underwriter, which is to say, without a banker buying shares and helping to sell them to institutional investors.
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