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Yes this really is phenomenal news for Scotland. Here's hoping they were generous with stock and we see a new wave of angel investors emerge. According to http
by Finbarr 10y ago
Yes this really is phenomenal news for Scotland. Here's hoping they were generous with stock and we see a new wave of angel investors emerge.
According to https://angel.co/skyscanner-2 https://angel.co/skyscanner-2 they last raised almost 200m at a 1.6b valuation. I wonder what kind of terms were attached to that. I'm guessing investors will have walked away with a pretty large chunk of the sale.
- tomhoward 10y agoThe founders have already taken some money off the table and made some angel investments. I'm sure that will accelerate now.
- yla92 10y agoThrough angel.co link, I realise that Sequoia Capital is major investor in them. I can't help but wonder how Sequoia Capital has a share in majority of exists/current "unicorn" companies.
- tomhoward 10y agoSequoia invested in Skyscanner after their earlier travel metasearch investment, Kayak, had been acquired by Priceline. I gather they observed that Skyscanner was positioning themselves to become a leader in the areas where Kayak wasn't, particularly in China, and felt that their investment could help Skyscanner win in those markets. Once again, it looks like Sequoia's judgement has been spot on.