Slack goes public; Facebook and Twitch at Cannes; Best books about financial planning Hello! Do you l
[Compass]
[Presented by]( [On our sleeves | Nationwide Children's](
Slack goes public; Facebook and Twitch at Cannes; Best books about financial planning
Hello! Do you live in California or New York? Well, those two states [have recorded]( the most data breaches. Speaking of data, the U.S. Department of Homeland Security is [planning to store]( millions of peopleâs biometric data on Amazonâs cloud network. Letâs hope that doesnât get breached! Moving on, hereâs whatâs happening today:
Pop goes Slack
Today is Slackâs big day. It is finally a public company, after years of hinting about it. Itâs technically not an IPO, mind you, because Slack is doing a direct listingâforgoing underwriters and all that jazz. The companyâs [history is an interesting one]( meteoric growth, along with eye-popping money raises. And today weâll see how it fares in the world of public trading.
So far, so good. The [stock was priced]( at $26âas of the time Iâm writing this, itâs exceeded $41. Thatâs a nice pop. Slack follows a bunch of other highly anticipated IPOs. They include Lyft, Uber, Zoom, and Beyond Meat. While some (like Beyond) are doing quite well as public companies, others (like Lyft) are seeing some volatility. The first days often set the tone, but they certainly donât foretell a companyâs long-term performance. Weâll be keeping a close eye on Slack to see if it can maintain its current momentum.
Today's new convenience:
[Ikea food delivery](
[Ikea food delivery](
The Swedish furniture giant is a food giant, too. In fact, itâs the sixth largest food chain. Now, Ikea is trialling food delivery in certain European markets. Thatâs good news for all you herring lovers out there.
Read more: [Ikea is now the worldâs 6th largest food chain, and itâs testing delivery to your door](
[www.fastcompany.com]( • [Share](
A MESSAGE FROM NATIONWIDE CHILDREN'S HOSPITAL [Why every business leader should care about childhood mental health](
[Why every business leader should care about childhood mental health](
Since 1 in 5 children experience a serious mental illness, many families must deal with it. Talking openly about the issue not only helps to remove any stigma related to it, but itâs also good business practice. If a child is struggling with mental illness, it is sure to remain on a parentâs mind throughout the workday. Nationwideâs commitment to its associates is what makes the companyâs focus on mental health a natural fit. And itâs why the company supports On Our Sleeves, a national movement dedicated to raising awareness of and addressing the stigma around childhood mental illness.
[www.fastcompany.com]( • [Share](
Today's update from Cannes:
[The marketers are still in France. Here's a rundown of some of the news you may have missed...](
[The marketers are still in France. Here's a rundown of some of the news you may have missed...](
- [Amazonâs Twitch makes its pitch to advertisers](
- [Sheryl Sandberg had a heart-to-heart with the marketing community](
- [NBCUniversal has announced some new integrations taking aim at âcommercial innovationsâ](
[www.fastcompany.com]( • [Share](
Today's book recs
[5 books about savings](
[5 books about savings](
Itâs hard to learn about best financial practices. Yes, there are millions of blogs out there with tips and tricks, but itâs hard to sift through the noise to find the best advice. Fast Company editor Anisa Purbasari Horton read numerous books about how to save and invest correctly, and has ranked her top choices.
Read more: [These are the 5 books that got me to save 20% of my salary](
[www.fastcompany.com]( • [Share](
30 days until the Moon
[How NASA talked with outer space](
[How NASA talked with outer space](
Weâre counting down the days until the 50th anniversary of the first moonwalk. Hereâs todayâs look into space historyâ¦
Many think of the mission to the Moon as a feat of rocketry, but it also required never-before-seen telecommunications. In order for a crew of astronauts to be shuttled beyond Earth, they needed to have constant communication with their home planet. Thus, NASA built a huge and insanely expensive network that spanned time zones to ensure it was able to keep constant contact with its space travelers.
Read more: [The story of how NASA created the first worldwide high-speed data networkâin 1968](
[www.fastcompany.com]( • [Share](
More from us:
- [Blind reverence for the U.S. Constitutionâon the left and rightâis tearing us apart]( (Tech)
- [Lots of caregiving work is unpaid labor. These new policies could change that]( (Impact)
- [This startup is building a new kind of cemetery, and it already has thousands of customers]( (Co.Design)
- [What ultramarathon running can teach us about persistence at work]( (Work Life)
What else we're reading:
- [Judge Judy is still judging you]( (The New York Times Magazine)
- [Americans just want immigrants for the food]( (Eater)
Today's final image:
[Robots help run this Silicon Valley indoor farm](
Thanks for reading. Catch you tomorrow.
Do you have suggestions or tips? [Email me]( Or [tweet me](
âCale
This newsletter was written by [Cale Guthrie Weissman](.
Feedback
Weâd love to hear your thoughts about Compass. [Click here]( to give us feedback. And hereâs [more information]( about Fast Companyâs Compass newsletter.
Did you enjoy this issue?
[Fast Company]
You can [update your details here](.
If you donât want to receive Compass anymore, [unsubscribe here](
If you were forwarded Compass and like it, [subscribe here](
[View this newsletter online](
Powered by [Revue](
7 World Trade Center, 29th Floor, New York, NY 10007-2195