Give me some slack … equity. The company’s product is about a year old. But investors just invested $120 million into Slack at a valuation that exceeded a billion bucks, which CEO Stewart Butterfield said gives the company “maybe 60 years of runway at our current burn.” I don’t remember the last time I saw a company with this much user adoption and positive buzz.

+ Here’s a look back at Mat Honan’s excellent profile piece in Wired: The Most Fascinating Profile You’ll Ever Read About a Guy and His Boring Startup. (Note: This piece was published two months ago. That’s like fifty years in Internet time … and valuation.)