Another flat round, social commerce, and the anti-VC
EquityZen has produced these weekly updates for secondary investors, shareholders and company representatives.
If you find this useful, subscribe to our weekly newsletter!
In order to view EquityZen's Investment Offerings, you must be an Accredited Investor.
What's that? Another flat round?
The popular late-stage fundraising news of the last few days was the social news and entertainment company BuzzFeed's $200 million Series G funding round, covered by Business Insider, Fortune, Recode, and TechCrunch, among others. For those who prefer bullet points:
Though much of the above-referenced articles focus on the valuation and terms of the round, I'm excited to see how Buzzfeed expands its video offerings - see Tasty, which has changed the way food recipes are presented (not recommended viewing when hungry!) - and their apparent plans for "social commerce". See Here's how BuzzFeed plans to use NBCUniversal's $200 million and BuzzFeed wants to sell you stuff for more.
In other news...
I attended the TNW NYC conference in Brooklyn, NY last week. Besides the above photo op with 500 Startups founder Dave McClure (who Wired just dubbed the "anti-VC"), other takeaways included:
Kaylock Yam, CAIA | Distribution Lead | EquityZen
Funding Rounds Since Last Week
To learn more about whether you're eligible, typical investment size, company valuation, and share price, request access here.
Have a question or need support? We're here to help! Send us a quick message and we'll get right back to you.
Thanks you for your message - we'll contact you shortly.