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