A new report from CB Insights showed SV Angel and Y Combinator as the top seed-stage and Series A investors in billion-dollar startups.
Of the top five firms with early investments in “unicorn” startups, three invested in home rental startup Airbnb and grocery delivery service Instacart, both of which are rumored to go public in 2019.
A unicorn typically refers to a privately-held tech startup that is valued at or above $1 billion. According to CB Insights, there are 344 of these unicorns in the world as of May 5th.
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With Uber, Lyft, and Pinterest now public companies, all eyes are on other billion-dollar businesses in the IPO pipeline.
According to a new report from CB Insights, early-stage tech investing firms SV Angel and Y Combinator are poised to make a hefty return if either Airbnb or Instacart go public in 2019. The two firms are early investors in both companies, which are each valued well above $1 billion.
The CB Insights report lays out which investors have staked early claims in the elite group of “unicorns” — startups valued by private investors …read more
Source:: Businessinsider – Finance