Filing Details

Accession Number:
0001104659-20-021867
Form Type:
13G Filing
Publication Date:
2020-02-14 16:29:10
Filed By:
Andreessen Horowitz Fund I, L.p.
Company:
Slack Technologies Inc. (NYSE:WORK)
Filing Date:
2020-02-14
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Andreessen Horowitz Fund I 29,886,496 47,713,776 29,886,496 47,713,776 29,886,496 9.55%
Andreessen Horowitz Fund I-A 4,182,881 47,713,776 4,182,881 47,713,776 4,182,881 1.42%
Andreessen Horowitz Fund I-B 1,939,893 1,939,893 1,939,893 0.66%
AH Equity Partners I 36,009,270 36,009,270 36,009,270 11.34%
AH Parallel Fund IV 9,983,624 9,983,624 9,983,624 3.35%
AH Parallel Fund IV-A 34,101 34,101 34,101 0.01%
AH Parallel Fund IV-B 279,548 279,548 279,548 0.10%
AH Parallel Fund IV-Q 1,303,707 1,303,707 1,303,707 0.45%
AH Equity Partners IV (Parallel) 11,600,980 11,600,980 11,600,980 3.88%
a16z Seed-III 42,990 42,990 42,990 0.01%
AH Capital Management 60,536 60,536 60,536 0.02%
Filing
 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Schedule 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. __)*

 

Slack Technologies, Inc.

 

(Name of Issuer)

 

Class A Common Stock

 

(Title of Class of Securities)

 

83088V102

 

(CUSIP Number)

 

December 31, 2019

 

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

¨      Rule 13d-1(b)

 

¨      Rule 13d-1(c)

 

x     Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

(Continued on following pages)

 

Page 1 of 22 Pages

Exhibit Index Contained on Page 20

 

 

 

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Andreessen Horowitz Fund I, L.P. (“AH I”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)     ¨     (b)     x      

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 

 

 

5 SOLE VOTING POWER**
29,886,496 shares1, except that AH Equity Partners I, L.L.C. (“AH Equity I”), the general partner of AH I, may be deemed to have sole power to vote these shares, and Marc Andreessen (“Andreessen”) and Ben Horowitz (“Horowitz”), the managing members of AH Equity I, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7 SOLE DISPOSITIVE POWER**
29,886,496 shares1, except that AH Equity I, the general partner of AH I, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity I, may be deemed to have shared power to dispose of these shares.
8 SHARED DISPOSITIVE POWER
See response to row 7.

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

29,886,496**     

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨     

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

9.55%2     

12

TYPE OF REPORTING PERSON*

PN     

 

1 Represents 8,145,629 shares of Class A Common Stock and 21,740,867 shares of Class B Common Stock held directly by AH I. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock.

 

2 Based on 291,362,103 shares of the Issuer’s Class A Common Stock outstanding as of November 15, 2019, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on December 4, 2019, plus 21,740,867 shares of the Issuer’s Class B Common Stock held by the Reporting Person as of December 31, 2019, which are treated as converted into Class A Common Stock only for the purpose of computing the percentage ownership of the Reporting Person.

 

**The information with respect to beneficial ownership of the Issuer’s Class A Common Stock and Class B Common Stock by the Reporting Person is provided as of December 31, 2019.

 

 

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Andreessen Horowitz Fund I-A, L.P. (“AH I-A”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)     ¨     (b)     x     

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 

 

 

5

SOLE VOTING POWER**

4,182,881 shares1, except that AH Equity I, the general partner of AH I-A, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity I, may be deemed to have shared power to vote these shares.

6 SHARED VOTING POWER
See response to row 5.
7

SOLE DISPOSITIVE POWER**

4,182,881 shares1, except that AH Equity I, the general partner of AH I-A, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity I, may be deemed to have shared power to dispose of these shares.

8 SHARED DISPOSITIVE POWER
See response to row 7.

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

4,182,881**      

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨     

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

1.42%2     

12

TYPE OF REPORTING PERSON*

PN     

 

1 Represents 1,140,057 shares of Class A Common Stock and 3,042,824 shares of Class B Common Stock held directly by AH I-A. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock.

 

2 Based on 291,362,103 shares of the Issuer’s Class A Common Stock outstanding as of November 15, 2019, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on December 4, 2019, plus 3,042,824 shares of the Issuer’s Class B Common Stock held by the Reporting Person as of December 31, 2019, which are treated as converted into Class A Common Stock only for the purpose of computing the percentage ownership of the Reporting Person.

 

**The information with respect to beneficial ownership of the Issuer’s Class A Common Stock and Class B Common Stock by the Reporting Person is provided as of December 31, 2019.

 

 

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Andreessen Horowitz Fund I-B, L.P. (“AH I-B”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)     ¨     (b)     x     

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 

 

 

5

SOLE VOTING POWER**

1,939,893 shares1, except that AH Equity I, the general partner of AH I-B, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity I, may be deemed to have shared power to vote these shares.

6 SHARED VOTING POWER
See response to row 5.
7

SOLE DISPOSITIVE POWER**

1,939,893 shares1, except that AH Equity I, the general partner of AH I-B, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity I, may be deemed to have shared power to dispose of these shares.

8 SHARED DISPOSITIVE POWER
See response to row 7.

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,939,893**      

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨     

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

0.66%2     

12

TYPE OF REPORTING PERSON*

PN     

 

1 Represents 528,726 shares of Class A Common Stock and 1,411,167 shares of Class B Common Stock held directly by AH I-B. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock.

 

2 Based on 291,362,103 shares of the Issuer’s Class A Common Stock outstanding as of November 15, 2019, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on December 4, 2019, plus 1,411,167 shares of the Issuer’s Class B Common Stock held by the Reporting Person as of December 31, 2019, which are treated as converted into Class A Common Stock only for the purpose of computing the percentage ownership of the Reporting Person.

 

**The information with respect to beneficial ownership of the Issuer’s Class A Common Stock and Class B Common Stock by the Reporting Person is provided as of December 31, 2019.

 

 

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

AH Equity Partners I, L.L.C. (“AH Equity I”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)     ¨     (b)     x     

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 

 

 

5

SOLE VOTING POWER**

36,009,270 shares1, of which 29,886,496 are directly owned by AH I, 4,182,881 are directly owned by AH I-A and 1,939,893 are directly owned by AH I-B. AH Equity I, the general partner of AH I, AH I-A and AH I-B, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity I, may be deemed to have shared power to vote these shares.

6 SHARED VOTING POWER
See response to row 5.
7

SOLE DISPOSITIVE POWER**

36,009,270 shares1, of which 29,886,496 are directly owned by AH I, 4,182,881 are directly owned by AH I-A and 1,939,893 are directly owned by AH I-B. AH Equity I, the general partner of AH I, AH I-A and AH I-B, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity I, may be deemed to have shared power to dispose of these shares.

8 SHARED DISPOSITIVE POWER
See response to row 7.

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

36,009,270**      

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨     

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

11.34%2     

12

TYPE OF REPORTING PERSON*

OO     

 

1 Represents 9,814,412 shares of Class A Common Stock and 26,194,858 shares of Class B Common Stock. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock.

 

2 Based on 291,362,103 shares of the Issuer’s Class A Common Stock outstanding as of November 15, 2019, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on December 4, 2019, plus 26,194,858 shares of the Issuer’s Class B Common Stock indirectly held by the Reporting Person as of December 31, 2019, which are treated as converted into Class A Common Stock only for the purpose of computing the percentage ownership of the Reporting Person.

 

**The information with respect to beneficial ownership of the Issuer’s Class A Common Stock and Class B Common Stock by the Reporting Person is provided as of December 31, 2019.

 

 

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
      AH Parallel Fund IV, L.P. (“AH Parallel IV”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)     ¨     (b)     x      

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 

 

 

5 SOLE VOTING POWER**
9,983,624 shares1, except that AH Equity Partners IV (Parallel), L.L.C. (“AH Equity Parallel IV”), the general partner of AH Parallel IV, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel IV, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7 SOLE DISPOSITIVE POWER**
9,983,624 shares1, except that AH Equity Parallel IV, the general partner of AH Parallel IV, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel IV, may be deemed to have shared power to dispose of these shares.
8 SHARED DISPOSITIVE POWER
See response to row 7.

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

9,983,624**     

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨     

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

3.35%2     

12

TYPE OF REPORTING PERSON*

PN     

 

1 Represents 3,284,349 shares of Class A Common Stock and 6,699,275 shares of Class B Common Stock held directly by AH Parallel IV. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock.

 

2 Based on 291,362,103 shares of the Issuer’s Class A Common Stock outstanding as of November 15, 2019, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on December 4, 2019, plus 6,699,275 shares of the Issuer’s Class B Common Stock held by the Reporting Person as of December 31, 2019, which are treated as converted into Class A Common Stock only for the purpose of computing the percentage ownership of the Reporting Person.

 

**The information with respect to beneficial ownership of the Issuer’s Class A Common Stock and Class B Common Stock by the Reporting Person is provided as of December 31, 2019.

 

 

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
      AH Parallel Fund IV-A, L.P. (“AH Parallel IV-A”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)     ¨     (b)     x      

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 

 

 

5 SOLE VOTING POWER**
34,101 shares1, except that AH Equity Parallel IV, the general partner of AH Parallel IV-A, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel IV, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7 SOLE DISPOSITIVE POWER**
34,101 shares1, except that AH Equity Parallel IV, the general partner of AH Parallel IV-A, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel IV, may be deemed to have shared power to dispose of these shares.
8 SHARED DISPOSITIVE POWER
See response to row 7.

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

34,101**     

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨     

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

0.01%2     

12

TYPE OF REPORTING PERSON*

PN     

 

1 Represents 11,219 shares of Class A Common Stock and 22,882 shares of Class B Common Stock held directly by AH Parallel IV-A. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock.

 

2 Based on 291,362,103 shares of the Issuer’s Class A Common Stock outstanding as of November 15, 2019, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on December 4, 2019, plus 22,882 shares of the Issuer’s Class B Common Stock held by the Reporting Person as of December 31, 2019, which are treated as converted into Class A Common Stock only for the purpose of computing the percentage ownership of the Reporting Person.

 

**The information with respect to beneficial ownership of the Issuer’s Class A Common Stock and Class B Common Stock by the Reporting Person is provided as of December 31, 2019.

 

 

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
       AH Parallel Fund IV-B, L.P. (“AH Parallel IV-B”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)     ¨     (b)     x      

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 

 

 

5 SOLE VOTING POWER**
279,548 shares1, except that AH Equity Parallel IV, the general partner of AH Parallel IV-B, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel IV, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7 SOLE DISPOSITIVE POWER**
279,548 shares1, except that AH Equity Parallel IV, the general partner of AH Parallel IV-B, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel IV, may be deemed to have shared power to dispose of these shares.
8 SHARED DISPOSITIVE POWER
See response to row 7.

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

279,548**     

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨     

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

0.10%2     

12

TYPE OF REPORTING PERSON*

PN     

 

1 Represents 91,966 shares of Class A Common Stock and 187,582 shares of Class B Common Stock held directly by AH Parallel IV-B. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock.

 

2 Based on 291,362,103 shares of the Issuer’s Class A Common Stock outstanding as of November 15, 2019, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on December 4, 2019, plus 187,582 shares of the Issuer’s Class B Common Stock held by the Reporting Person as of December 31, 2019, which are treated as converted into Class A Common Stock only for the purpose of computing the percentage ownership of the Reporting Person.

 

**The information with respect to beneficial ownership of the Issuer’s Class A Common Stock and Class B Common Stock by the Reporting Person is provided as of December 31, 2019.

 

 

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
      AH Parallel Fund IV-Q, L.P. (“AH Parallel IV-Q”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)     ¨     (b)     x      

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 

 

 

5 SOLE VOTING POWER**
1,303,707 shares1, except that AH Equity Parallel IV, the general partner of AH Parallel IV-Q, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel IV, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7 SOLE DISPOSITIVE POWER**
1,303,707 shares1, except that AH Equity Parallel IV, the general partner of AH Parallel IV-Q, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel IV, may be deemed to have shared power to dispose of these shares.
8 SHARED DISPOSITIVE POWER
See response to row 7.

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,303,707**     

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨     

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

0.45%2     

12

TYPE OF REPORTING PERSON*

PN     

 

1 Represents 428,885 shares of Class A Common Stock and 874,822 shares of Class B Common Stock held directly by AH Parallel IV-Q. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock.

 

2 Based on 291,362,103 shares of the Issuer’s Class A Common Stock outstanding as of November 15, 2019, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on December 4, 2019, plus 874,822 shares of the Issuer’s Class B Common Stock held by the Reporting Person as of December 31, 2019, which are treated as converted into Class A Common Stock only for the purpose of computing the percentage ownership of the Reporting Person.

 

**The information with respect to beneficial ownership of the Issuer’s Class A Common Stock and Class B Common Stock by the Reporting Person is provided as of December 31, 2019.

 

 

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
     AH Equity Partners IV (Parallel), L.L.C. (“AH Equity Parallel IV”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)     ¨     (b)     x      

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

 

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 

 

 

5

SOLE VOTING POWER**
11,600,980 shares1, of which 9,983,624 are directly owned by AH Parallel IV, 34,101 are directly owned by AH Parallel IV-A, 279,548 are directly owned by AH Parallel IV-B and 1,303,707 are directly owned by AH Parallel IV-Q. AH Equity Parallel IV, the general partner of AH Parallel IV, AH Parallel IV-A, AH Parallel IV-B and AH Parallel IV-Q, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel IV, may be deemed to have shared power to vote these shares.

6 SHARED VOTING POWER
See response to row 5.
7

SOLE DISPOSITIVE POWER**

11,600,980 shares1, of which 9,983,624 are directly owned by AH Parallel IV, 34,101 are directly owned by AH Parallel IV-A, 279,548 are directly owned by AH Parallel IV-B and 1,303,707 are directly owned by AH Parallel IV-Q. AH Equity Parallel IV, the general partner of AH Parallel IV, AH Parallel IV-A, AH Parallel IV-B and AH Parallel IV-Q, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel IV, may be deemed to have shared power to dispose of these shares.

8 SHARED DISPOSITIVE POWER
See response to row 7.

  

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

11,600,980**     

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨     

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

3.88%2     

12

TYPE OF REPORTING PERSON*

OO        

 

1 Represents 3,816,419 shares of Class A Common Stock and 7,784,561 shares of Class B Common Stock. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock.

 

2 Based on 291,362,103 shares of the Issuer’s Class A Common Stock outstanding as of November 15, 2019, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on December 4, 2019, plus 7,784,561 shares of the Issuer’s Class B Common Stock indirectly held by the Reporting Person as of December 31, 2019, which are treated as converted into Class A Common Stock only for the purpose of computing the percentage ownership of the Reporting Person.

 

**The information with respect to beneficial ownership of the Issuer’s Class A Common Stock and Class B Common Stock by the Reporting Person is provided as of December 31, 2019.

 

 

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

a16z Seed-III, LLC (“AH Seed III”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)     ¨     (b)     x      

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 

 

 

5

SOLE VOTING POWER**
42,990 shares1, except that Andreessen Horowitz Fund III, L.P. (“AH III”), Andreessen Horowitz Fund III-A, L.P. (“AH III-A”), Andreessen Horowitz Fund III-B, L.P. (“AH III-B”), and Andreessen Horowitz Fund III-Q, L.P. (“AH III-Q”) are the members of AH Seed III, and AH Equity Partners III, L.L.C. (“AH Equity III”), the general partner of AH III, AH III-A, AH III-B and AH III-Q, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity III, may be deemed to have shared power to vote these shares.

6 SHARED VOTING POWER
See response to row 5.
7

SOLE DISPOSITIVE POWER**

42,990 shares1, except that Andreessen Horowitz Fund III, L.P. (“AH III”), Andreessen Horowitz Fund III-A, L.P. (“AH III-A”), Andreessen Horowitz Fund III-B, L.P. (“AH III-B”), and Andreessen Horowitz Fund III-Q, L.P. (“AH III-Q”) are the members of AH Seed III, and AH Equity Partners III, L.L.C. (“AH Equity III”), the general partner of AH III, AH III-A, AH III-B and AH III-Q, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity III, may be deemed to have shared power to dispose of these shares.

8 SHARED DISPOSITIVE POWER
See response to row 7.

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

42,990**     

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨     

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

0.01%2     

12

TYPE OF REPORTING PERSON*

OO     

 

1 Represents 42,990 shares of Class B Common Stock. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock.

 

2 Based on 291,362,103 shares of the Issuer’s Class A Common Stock outstanding as of November 15, 2019, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on December 4, 2019, plus 42,990 shares of the Issuer’s Class B Common Stock indirectly held by the Reporting Person as of December 31, 2019, which are treated as converted into Class A Common Stock only for the purpose of computing the percentage ownership of the Reporting Person.

 

**The information with respect to beneficial ownership of the Issuer’s Class A Common Stock and Class B Common Stock by the Reporting Person is provided as of December 31, 2019.

 

 

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

AH Capital Management, L.L.C. (“AH Capital”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)     ¨     (b)     x      

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 

 

 

5

SOLE VOTING POWER**
60,536 shares1. Andreessen and Horowitz, the members of AH Capital, may be deemed to have shared power to vote these shares.

6 SHARED VOTING POWER
See response to row 5.
7

SOLE DISPOSITIVE POWER**

60,536 shares1. Andreessen and Horowitz, the members of AH Capital, may be deemed to have shared power to dispose of these shares.

8 SHARED DISPOSITIVE POWER
See response to row 7.

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

60,536**     

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨     

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

0.02%2     

12

TYPE OF REPORTING PERSON*

OO     

 

1 Represents 60,536 shares of Class A Common Stock.

 

2 Based on 291,362,103 shares of the Issuer’s Class A Common Stock outstanding as of November 15, 2019, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on December 4, 2019.

 

**The information with respect to beneficial ownership of the Issuer’s Class A Common Stock and Class B Common Stock by the Reporting Person is provided as of December 31, 2019.

 

 

 

1

NAME OF REPORTING PERSONS              Marc Andreessen (“Andreessen”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)     ¨     (b)     x      

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 

 

 

5

SOLE VOTING POWER**
0 shares

6

SHARED VOTING POWER
47,713,776 shares1, of which 29,886,496 are directly owned by AH I, 4,182,881 are directly owned by AH I-A, 1,939,893 are directly owned by AH I-B, 9,983,624 are directly owned by AH Parallel IV, 34,101 are directly owned by AH Parallel IV-A, 279,548 are directly owned by AH Parallel IV-B and 1,303,707 are directly owned by AH Parallel IV-Q, 42,990 are directly owned by AH Seed III, and 60,536 are directly owned by AH Capital. Andreessen is a managing member of AH Equity I, the general partner of AH I, AH I-A and AH I-B, a managing member of AH Equity Parallel IV, the general partner of AH Parallel IV, AH Parallel IV-A, AH Parallel IV-B and AH Parallel IV-Q, and a member of AH Capital, and may be deemed to have shared power to vote these shares.

 

In addition, Andreessen may be deemed to have shared power to vote 1,413,143 shares2 held by the LAMA Community Trust.

7

SOLE DISPOSITIVE POWER**
0 shares

8

SHARED DISPOSITIVE POWER
47,713,776 shares1, of which 29,886,496 are directly owned by AH I, 4,182,881 are directly owned by AH I-A, 1,939,893 are directly owned by AH I-B, 9,983,624 are directly owned by AH Parallel IV, 34,101 are directly owned by AH Parallel IV-A, 279,548 are directly owned by AH Parallel IV-B and 1,303,707 are directly owned by AH Parallel IV-Q, 42,990 are directly owned by AH Seed III, and 60,536 are directly owned by AH Capital. Andreessen is a managing member of AH Equity I, the general partner of AH I, AH I-A and AH I-B, and a managing member of AH Equity Parallel IV, the general partner of AH Parallel IV, AH Parallel IV-A, AH Parallel IV-B, AH Parallel IV-Q, and a member of AH Capital, and may be deemed to have shared power to dispose of these shares.

 

In addition, Andreessen may be deemed to have shared power to vote 1,413,143 shares2 held by the LAMA Community Trust.

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

49,126,919**     

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨     

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

15.10%3     

12

TYPE OF REPORTING PERSON*

IN     

 

1 Represents 13,691,367 shares of Class A Common Stock and 34,022,409 shares of Class B Common Stock. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock.

 

2 Represents 1,413,143 shares of Class A Common Stock directly held by the LAMA Community Trust, of which the Reporting Person and his spouse are trustees.

 

3 Based on 291,362,103 shares of the Issuer’s Class A Common Stock outstanding as of November 15, 2019, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on December 4, 2019, plus 34,022,409 shares of the Issuer’s Class B Common Stock indirectly held by the Reporting Person as of December 31, 2019, which are treated as converted into Class A Common Stock only for the purpose of computing the percentage ownership of the Reporting Person.

 

**The information with respect to beneficial ownership of the Issuer’s Class A Common Stock and Class B Common Stock by the Reporting Person is provided as of December 31, 2019.

 

 

 

1

NAME OF REPORTING PERSONS

 
Ben Horowitz (“Horowitz”)
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)     ¨     (b)     x      

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

U.S. Citizen

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 

 

 

5

SOLE VOTING POWER**

1,693,391 shares1 

6

SHARED VOTING POWER

47,713,776 shares1, of which 29,886,496 are directly owned by AH I, 4,182,881 are directly owned by AH I-A, 1,939,893 are directly owned by AH I-B, 9,983,624 are directly owned by AH Parallel IV, 34,101 are directly owned by AH Parallel IV-A, 279,548 are directly owned by AH Parallel IV-B and 1,303,707 are directly owned by AH Parallel IV-Q, 42,990 are directly owned by AH Seed III, and 60,536 are directly owned by AH Capital. Andreessen is a managing member of AH Equity I, the general partner of AH I, AH I-A and AH I-B, a managing member of AH Equity Parallel IV, the general partner of AH Parallel IV, AH Parallel IV-A, AH Parallel IV-B and AH Parallel IV-Q, and a member of AH Capital, and may be deemed to have shared power to vote these shares.

7

SOLE DISPOSITIVE POWER**

1,693,391 shares1

8

SHARED DISPOSITIVE POWER

47,713,776 shares1, of which 29,886,496 are directly owned by AH I, 4,182,881 are directly owned by AH I-A, 1,939,893 are directly owned by AH I-B, 9,983,624 are directly owned by AH Parallel IV, 34,101 are directly owned by AH Parallel IV-A, 279,548 are directly owned by AH Parallel IV-B and 1,303,707 are directly owned by AH Parallel IV-Q, 42,990 are directly owned by AH Seed III and 60,536 are directly owned by AH Capital. Horowitz is a managing member of AH Equity I, the general partner of AH I, AH I-A and AH I-B, and a managing member of AH Equity Parallel IV, the general partner of AH Parallel IV, AH Parallel IV-A, AH Parallel IV-B, AH Parallel IV-Q, and a member of AH Capital, and may be deemed to have shared power to dispose of these shares.

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

49,407,167**     

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨     

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

15.18%3     

12

TYPE OF REPORTING PERSON*

IN     

 

1 Represents 1,693,391 shares of Class A Common Stock held by a family trust for which the Reporting Person is a trustee.

 

2 Represents 13,691,367 shares of Class A Common Stock and 34,022,409 shares of Class B Common Stock. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock.

 

3 Based on 291,362,103 shares of the Issuer’s Class A Common Stock outstanding as of November 15, 2019, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on December 4, 2019, plus 34,022,409 shares of the Issuer’s Class B Common Stock indirectly held by the Reporting Person as of December 31, 2019, which are treated as converted into Class A Common Stock only for the purpose of computing the percentage ownership of the Reporting Person.

 

**The information with respect to beneficial ownership of the Issuer’s Class A Common Stock and Class B Common Stock by the Reporting Person is provided as of December 31, 2019.

 

 

 

ITEM 1(A).NAME OF ISSUER

 

Slack Technologies, Inc.

 

ITEM 1(B).ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES

 

500 Howard Street

San Francisco, California 94105

 

ITEM 2(A).

NAME OF PERSONS FILING

 

This Schedule 13G is filed by Andreessen Horowitz Fund I, L.P., a Delaware limited partnership (“AH I”), Andreessen Horowitz Fund I-A, L.P., a Delaware limited partnership (“AH I-A”), Andreessen Horowitz Fund I-B, L.P., a Delaware limited partnership (“AH I-B”), AH Equity Partners I, L.L.C., a Delaware limited liability company (“AH Equity I”), AH Parallel Fund IV, L.P., a Delaware limited partnership, AH Parallel Fund IV-A, L.P., a Delaware limited partnership, AH Parallel Fund IV-B, L.P., a Delaware limited partnership, AH Parallel Fund IV-Q, L.P., a Delaware limited partnership, AH Equity Partners IV (Parallel), L.L.C., a Delaware limited liability company (“AH Equity Parallel IV”), a16z Seed-III, LLC, a Delaware limited liability company (“AH Seed III”), AH Capital Management, L.L.C., a Delaware limited liability company (“AH Capital”), Marc Andreessen (“Andreessen”) and Ben Horowitz (“Horowitz”). The foregoing entities and individuals are collectively referred to as the “Reporting Persons.”

 

AH Equity I is the general partner of AH I, AH I-A and AH I-B, and may be deemed to have sole power to vote and sole power to dispose of shares of the issuer directly owned by AH I, AH I-A and AH I-B. Andreessen and Horowitz are managing members of AH Equity I and may be deemed to have shared power to vote and shared power to dispose of shares of the issuer directly owned by AH I, AH I-A and AH I-B.

 

AH Equity Parallel IV is the general partner of AH Parallel IV, AH Parallel IV-A, AH Parallel IV-B and AH Parallel IV-Q, and may be deemed to have sole power to vote and sole power to dispose of shares of the issuer directly owned by AH Parallel IV, AH Parallel IV-A, AH Parallel IV-B and AH Parallel IV-Q. Andreessen and Horowitz are managing members of AH Equity Parallel IV and may be deemed to have shared power to vote and shared power to dispose of shares of the issuer directly owned by AH Parallel IV, AH Parallel IV-A, AH Parallel IV-B and AH Parallel IV-Q.

 

Andreessen Horowitz Fund III, L.P., a Delaware limited partnership (“AH III”), Andreessen Horowitz Fund III-A, L.P., a Delaware limited partnership (“AH III-A”), Andreessen Horowitz Fund III-B, L.P., a Delaware limited partnership (“AH III-B”), and Andreessen Horowitz Fund III-Q, L.P., a Delaware limited partnership (“AH III-Q”) are the members of AH Seed III. AH Equity Partners III, L.L.C. (“AH Equity III”) is the general partner of AH III, AH III-A, AH III-B, and AH III-Q, and may be deemed to have sole power to vote and sole power to dispose of shares of the issuer indirectly owned by AH III, AH III-A, AH III-B and AH III-Q. Andreessen and Horowitz are managing members of AH Equity III and may be deemed to have shared power to vote and shared power to dispose of shares of the issuer directly owned by AH Seed III.

 

Andreessen and Horowitz are members of AH Capital and may be deemed to have shared power to vote and shared power to dispose of shares of the issuer directly owned by AH Capital.

 

ITEM 2(B).ADDRESS OF PRINCIPAL OFFICE

 

The address for each of the Reporting Persons is:

 

Andreessen Horowitz

2865 Sand Hill Road

Suite 101

Menlo Park, California 94025

 

 

 

ITEM 2(C)CITIZENSHIP

 

See Row 4 of cover page for each Reporting Person.

 

ITEM 2(D)TITLE OF CLASS OF SECURITIES

Class A Common Stock, $0.0001 par value

 

ITEM 2(E)CUSIP NUMBER

 

83088V102

 

ITEM 3.Not Applicable.

 

ITEM 4.

OWNERSHIP

 

The following information with respect to the ownership of the Class A Common Stock of the issuer by the persons filing this Statement is provided as of December 31, 2019.

 

(a)

Amount beneficially owned:

 

See Row 9 of cover page for each Reporting Person.

 

(b)

Percent of Class:

 

See Row 11 of cover page for each Reporting Person.

 

(c)Number of shares as to which such person has:

 

(i)

Sole power to vote or to direct the vote:

 

See Row 5 of cover page for each Reporting Person.

 

(ii)Shared power to vote or to direct the vote:

 

See Row 6 of cover page for each Reporting Person.

 

(iii)Sole power to dispose or to direct the disposition of:

 

See Row 7 of cover page for each Reporting Person.

 

(iv)

Shared power to dispose or to direct the disposition of:

 

See Row 8 of cover page for each Reporting Person.

 

ITEM 5.

OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

 

Not applicable.

 

ITEM 6.

OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

 

Under certain circumstances set forth in the limited partnership agreements of AH I, AH I-A, AH I-B, AH Parallel IV, AH Parallel IV-A, AH Parallel IV-B, AH Parallel IV-Q and the limited liability company agreements of AH Equity I, AH Equity Parallel IV, AH Seed III, AH Equity III and AH Capital, the general partner and limited partners or members, as the case may be, of each of such entities may be deemed to have the right to receive dividends from, or the proceeds from, the sale of shares of the issuer owned by each such entity of which they are a partner or a member, as the case may be.

 

 

 

ITEM 7.

IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY

 

Not applicable.

 

ITEM 8.

IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

 

Not applicable.

 

ITEM 9.

NOTICE OF DISSOLUTION OF GROUP.

 

Not applicable.

 

ITEM 10.

CERTIFICATION.

 

Not applicable.

 

 

 

SIGNATURES

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date: February 13, 2020

 

  Andreessen Horowitz Fund I, L.P.
  Andreessen Horowitz Fund I-A, L.P.
  Andreessen Horowitz Fund I-B, L.P.
   
  By: AH Equity Partners I, L.L.C.
  Its: General Partner
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
  AH Equity Partners I, L.L.C.
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
 
  AH Parallel Fund IV, L.P.
  AH Parallel Fund IV-A, L.P.
  AH Parallel Fund IV-B, L.P.
  AH Parallel Fund IV-Q, L.P.
   
  By: AH Equity Partners IV (Parallel), L.L.C.
  Its: General Partner
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
 
  AH Equity Partners IV (Parallel), L.L.C.
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
  A16z Seed-III, LLC
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
  AH Equity Partners III, L.L.C.
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
  AH Capital Management, L.L.C.
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer

 

 

 

  Marc Andreessen
   
  /s/ Scott Kupor
  Scott Kupor, Chief Operating Officer
  Attorney-in-fact for Marc Andreessen
   
  Ben Horowitz
   
  /s/ Scott Kupor
  Scott Kupor, Chief Operating Officer
Attorney-in-fact for Ben Horowitz

 

 

 

EXHIBIT INDEX

 

  Found on
Sequentially
Exhibit Numbered Page
   
Exhibit A:  Agreement of Joint Filing 21

 

 

 

exhibit A

 

Agreement of Joint Filing

 

The undersigned hereby agree that a single Schedule 13G (or any amendment thereto) relating to the Class A Common Stock of Slack Technologies, Inc. shall be filed on behalf of each of the undersigned and that this Agreement shall be filed as an exhibit to such Schedule 13G.

 

Date: February 13, 2020

  Andreessen Horowitz Fund I, L.P.
  Andreessen Horowitz Fund I-A, L.P.
  Andreessen Horowitz Fund I-B, L.P.
   
  By: AH Equity Partners I, L.L.C.
  Its: General Partner
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
  AH Equity Partners I, L.L.C.
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
  AH Parallel Fund IV, L.P.
  AH Parallel Fund IV-A, L.P.
  AH Parallel Fund IV-B, L.P.
  AH Parallel Fund IV-Q, L.P.
   
  By: AH Equity Partners IV (Parallel), L.L.C.
  Its: General Partner
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
  AH Equity Partners IV (Parallel), L.L.C.
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
  A16z Seed-III, LLC
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
  AH Equity Partners III, L.L.C.
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
  AH Capital Management, L.L.C.
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer

 

 

 

  Marc Andreessen
   
  /s/ Scott Kupor
  Scott Kupor, Chief Operating Officer
  Attorney-in-fact for Marc Andreessen
   
  Ben Horowitz
   
  /s/ Scott Kupor
  Scott Kupor, Chief Operating Officer
  Attorney-in-fact for Ben Horowitz