Vision Fund: San Francisco-Based and Future Employees

vision fund: The Vision Fund is joined by Accel and other investors, Slack said Sunday, according to The Japan Times. Bloomberg reported on the latest funding in July. ; More than half of the new funding came from Soft Bank, Slack Chief Executive Officer Stewart Butterfield said in an interview in London on Monday. The financing round values the startup at 5.1 billion, up from 3.8 billion the last time. Butterfield was approached by Deep Nishar, managing director of investments at Soft Bank, about four or five months ago, he said. But Butterfield said the additional capital will also help give large clients, as well as existing and future employees, confidence that Slack is here to stay. San Francisco-based Slack said the money is for operational flexibility, not for a particular use, and added that it still has much of the 591 million it already raised. (news.financializer.com). As reported in the news.