Uber Funding Talks Highlight the Speedy Pace of Investments

Uber, Yik Yak and others have raised more money in less time, driven by money flowing in from hedge funds, strategic investors and more.

Source: www.nytimes.com

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…

See on Scoop.it#Communication

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