Uber Funding Talks Highlight the Speedy Pace of Investments
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Uber’s headquarters in San Francisco. The ride-hailing company is in discussions to raise around $1.5 billion in financing that could value it at $50 billion. CreditEric Risberg/Associated Press
Uber raised a total of more than $2 billion from investors in June and December last year — and is now back for another round. The anonymous messaging start-up Yik Yak collected $73.5 million in three financing rounds in seven months, and Zenefits, a human resources start-up, raised more than $580 million in less than two years, with the latest deal done last week.
The pace of technological change has long been happening at the lightning-fast speed of the Internet. Now, start-up financing is increasingly taking place at that speed as well…
Uber Funding Talks Highlight the Speedy Pace of Investments
