Spark Capital startups are seeing soaring valuations and big exits. - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The big winner of Uber's $2.65 billion Postmates acquisition is Spark Capital, a small VC firm that's enjoying a streak of hits in a gloomy 2020.

on Monday, one of the big winners was Spark Capital, a venture capital firm that was one of Postmates first backers.

Spark led a $16 million investment round in Postmates in 2013, and participated in several subsequent funding rounds, resulting in what is likely a hefty return. Just one week before the Postmates news, Mirror, a fitness tech startup that was also a Spark investment, And Spark has had several other successes in recent months, making for a remarkably bright streak in a challenging year marked by the coronavirus pandemic and the economic downturn.$1.35 billion to fund early and growth-stage startups, according to the Wall Street Journal.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

What gloomy 2020? Values are tripling across the board

interesting

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BotsAndUs: Robot startup raises $2.5 million - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Q2 earnings season preview: BofA sees major beat after forecast cuts - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. What forecast? Am I missing something? I thought we don’t give guidance anymore.... What kind of dumbass writes this? Watch the surprises after they kitchen sinked everything. Unreal No question.
Source: BusinessInsider - 🏆 729. / 51 Read more »

US service activity index in June sees biggest monthly jump since 1997 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Great. Now we’re closing up again. Update your headline
Source: BusinessInsider - 🏆 729. / 51 Read more »

4 things you should consider if you're thinking about starting a business right now - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Top business news: Tech salaries, Conde Nast video, clean energy - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Report: Money can buy business, led to Trump's election - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »