Tech stock valuations have crumbled as a result of the outlook for bigger charges of curiosity and a slowing US monetary system proceed to hammer markets. Nonetheless they can’t preserve falling with out finish.
And Slack Founder Stewart Butterfield hinted that pretty rapidly, the valuations on good corporations will in all probability be too tempting for merchants to ignore.
“The multiples have most likely come proper down to 1 factor that seems pretty inexpensive,” the longtime tech enterprise govt knowledgeable Yahoo Finance Keep at Salesforce’s Dreamforce conference. Slack, which was acquired by Salesforce for $27.7 billion in 2021, has carried


