Believe me, it’s not... • 10m
Swiggy's upcoming IPO will be a multibagger win for early VC investors. 🎯Detailed insights will be available once their DRHP is public, but if you look at the history - - Elevation Capital: Investment of $5.9 M turned into $61.8 M (~10x returns) - Accel: 12.2x returns, $2M turned into $25.2M - Norwest VP: $3.2 M became $56.6 M (~17x returns) - Bessemer VP: $6.8 M --> $44.12 M (~7x) Most of these VCs likely made partial exits and not complete exits. ⏭️Swiggy is now valued ~$12B. The latest investment comes from Amitabh Bachchan's Family Office!
•
SucSEED Ventures • 2m
Venture capital, in its utter importance in recent days, is on the threshold of change—namely, tech private equity. This turning point in venture capital is a giant one because the great names in Silicon Valley-Lightspeed, a16z, Sequoia, and Thrive-
See MoreDownload the medial app to read full posts, comements and news.