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Founded by Rich Bendis

Jason Abbruzzese

Two days ago, workplace chat startup Slack was reportedly raising money at a valuation of $2 billion. Today, a new report said it was raising money at a valuation of $2.8 billion.

Five months ago, that number was $1.1 billion.

So did Slack suddenly become more valuable by $800 million in a few months?

No, it did not.