Sources: Lightspeed returned $8B from current and active funds in the past five years; its most recent fund with more than 1x DPI was its $500M fund in 2016
Eric Newcomer / Newcomer :
Instacart files for a US IPO, reports 2022 revenue up 39% YoY to $2.55B, $428M net income, up from a $73M loss in 2021, and H1 2023 revenue up 31% YoY to $1.48B
Common Stock This is an initial public offering of shares of common stock … Reuters : Instacart reveals IPO filing, disclosing PepsiCo investment, profitability Dan Frommer / The New Consumer : Parade...
Instacart files for a US IPO, reports 2022 revenue up 39% YoY to $2.55B, $428M net income, up from a $73M loss in 2021, and H1 2023 revenue up 31% YoY to $1.48B
Common Stock This is an initial public offering of shares of common stock … Bill Peters / MarketWatch : Instacart files for IPO, joining crowded field of gig-economy names as markets rebound Hayden Fi...
Sources: Stripe is raising $6B at a $50B valuation from Thrive Capital, General Catalyst, a16z, and Founders Fund to help early employees exercise their RSUs
Eric Newcomer / Newcomer : Tweets: @buccocapital , @ericnewcomer , @kateclarktweets , @carnage4life , @mylesudland , @415_aaron , @ppgosavi , and @carnage4life Tweets: BuccoCapital Guy / @buccocapita...
Analysis: Series B valuations fell 50% from a $250M median in Q1 2022 to a $125M median in Q4 2022; Q4 2022's VC activity by volume resembled that of Q2 2020
Eric Newcomer / Newcomer :
a16z invests in Adam Neumann's residential real estate management startup Flow, sources say ~$350M at a $1B+ valuation, the firm's largest-ever individual check
Our nation has a housing crisis. — The demographic trends driving … Ryan Deffenbaugh / Protocol : Can proptech go with Adam Neumann's Flow? Edward Ongweso Jr / VICE : NIMBY Marc Andreessen Gives WeW...
Interview with a16z General Partner Martin Casado as the company rolls out a new $400M fund focused on seed investments
again Maria Deutscher / SiliconANGLE : Andreessen Horowitz launches new $400M seed fund Jacquelyn Melinek / Blockworks : a16z Launches $400M Seed Fund To Expand Into New Technology Biz Carson / Protoc...
Sources: Discord is raising money at a valuation of around $15B, in a funding round that would at least double its valuation of $7B in 2020
Eric Newcomer / Newcomer : Tweets: @ericnewcomer , @freedmanae , @pkafka , @ericnewcomer , and @stevekovach Tweets: Eric Newcomer / @ericnewcomer : SOURCES: Discord Raising at Roughly $15 Billion Val...
Sources: a16z is targeting $2B for its third crypto fund; a16z raised $515M for its second crypto-focused fund in 2020
Eric Newcomer / Newcomer : Tweets: @joemccann , @jon_ftx , @mattzeitlin , and @ericnewcomer Tweets: Joe McCann / @joemccann : Probably just a fad... https://www.newcomer.co/... Jonathan Cheesman / @j...
Sources: data analytics service Databricks is in talks to raise a private funding round, potentially valuing it at ~$27B; Databricks was valued at $6.2B in 2019
Eric Newcomer / Newcomer :