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Is it odd to raise $200m at a $5b valuation in September and follow it with $60m-100m at a $9b valuation a few months later?
by pbreit 13y ago
Is it odd to raise $200m at a $5b valuation in September and follow it with $60m-100m at a $9b valuation a few months later?
- ojbyrne 13y agoIts a little odd that its a smaller round, but other than that, it just seems to indicate rapid growth, which usually needs financing i.e. "growth capital."
- geoka9 13y agoMaybe now, that they've got more publicity, the value went up :)
- darkarmani 13y agoYou mean because they took less money or because it gained 4B in value in a few months? The follow-up money is twice as cheap because of the larger valuation. I guess someone really wanted to invest in them?