Softbank’s CEO Masayoshi Son, is making a personal strategic shift from managing telecoms to investing in technology firms. In a Reuter’s article, in June of this year, by journalist Sam Nussey, Son remarked, “I have spent 97 percent of my time on managing the telecoms business and only 3 percent on investing,” Son said. [...]
In late October The Prime Unicorn Index, the first index to track the share price performance of privately-funded U.S. companies, announced its quarterly reconstitution. But the real news, which captured the attention of Markets Insider, Benzinga, finanzen.net and hundreds of other media outlets, was the Index’s stellar year-to-date return of 25.16 percent. First, a little [...]
Instacart, the grocery delivery service that allows users to select groceries from items at stores like Whole Foods, Trader Joe's, Safeway, and Costco via a mobile phone or the Web, as raised a new round of financing. The Amended and Restated Certificate of Incorporation was filed 10/16/2018, and authorized $600M worth of new equity. If [...]
E-Cigarette start-up, JUUL Labs, is now valued at $14.72B according to the Prime Unicorn Index. The Series E round was a major up swing from their prior rounds, going from $3.10 per share to $179.25 per share.
Bird Rides, an electric scooter sharing service, filed an Amended and Restated Certificate of Incorporation on 6/1/2018 authorizing $200M of Series C Preferred Stock. If all of the authorized shares are issued then the Post-Money Valuation would be north of $1B, making them a Unicorn. Funding began only a year ago for the scooter company [...]
Exclusive: Warby Parker Seeks To Raise $75 Million March 8, 2018 Warby Parker is looking to raise $75 million for its Series E round of financing, Cheddar has learned.The eyewear company disclosed its plans to raise money in a filing with the state of Delaware on March 7 that was signed by its president [...]
via TechCrunch UiPath filed documents in Delaware that authorized $100 million+ of a Series B & B-1, where the post-money valuation could be as high as $1.15 billion, according to Lagniappe Labs, the creator of the Prime Unicorn Index. Continue reading
via Axios Andreessen Horowitz has invested in Anchor Labs, a stealthy startup planning to provide digital asset custody, according to multiple sources. The startup is raising up to $17 million in Series A funding, according to a Delaware filing from December that Axios obtained from Lagniappe Labs, though it's not clear whether the round has [...]