Although the Alphabet-backed messaging service has no firm plans to do so, it has begun preparations to go public and could hypothetically float 18 months from now.

Slack, the US-based instant messaging app developer backed by internet technology group Alphabet, has begun preparations for an initial public offering, CEO Stewart Butterfield told The Australian yesterday.

The company is the creator of a communication and message storage app that is currently used mainly in workplaces, but which could theoretically be extended to a range of functions and areas.

Butterfield said: “About three to four months ago we started an internal campaign for IPO readiness because we want to…

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