If this wasn&#x27;t Slack that it was referring to - I think I&#x27;d agree.<p>However, if I remember correctly, it was basically Stewart taking advantage of the investor frenzy and putting a ton of cash in the bank.<p>It&#x27;s not like they&#x27;re burning it on ads or promos like Groupon or Uber. My feeling was they were taking advantage of the investing environment to really shore up their cash reserves - no matter the valuation.