A few of these companies are clearing the $1B valuation with surprisingly favorable disclosed valuations. For example, China Rapid Funding: $56M funding in thr

A few of these companies are clearing the $1B valuation with surprisingly favorable disclosed valuations. For example, China Rapid Funding: $56M funding in three rounds for a $1B valuation Fanli: $20M funding in 3 rounds for a $1B valuation DJI: $75M in 3 rounds for a $10B valuation. Weirdly, their series C was evidently $75M also, meaning that their A and B rounds were not disclosed or very small. I wonder what's up with that. Are some of these spin-outs maybe? CrunchBase has slightly different numbers for some of them. They've got DJI at $105M in funding in 2 rounds [1] ($75M from Accel and $30M fro Sequoia). And their series C record for Fanli is "undisclosed amount" [2]. [1] https://www.crunchbase.com/organization/dji#/entity https://www.crunchbase.com/organization/dji#/entity [2] https://www.crunchbase.com/organization/fanli-website#/entity https://www.crunchbase.com/organization/fanli-website#/entit...