Databricks is raising a Series K Investment at >$100B valuation
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Re: Databricks is raising a Series K Investment at >$100B valuation
#2I’ve never seen a Series K before. I wonder how their cap table looks like.
Re: Databricks is raising a Series K Investment at >$100B valuation
#3Pull out the Prince albums, its time to party like its 1999.
Re: Databricks is raising a Series K Investment at >$100B valuation
#4What’s the obvious rationale for going through the whole alphabet of funding rounds, instead of going public / IPO after «the usual» number of raising money.
Wouldn’t the current strategy result in some serious stock dilution for the early investors?
Re: Databricks is raising a Series K Investment at >$100B valuation
#5What’s the obvious rationale for going through the whole alphabet of funding rounds, instead of going public / IPO after «the usual» number of raising money. Wouldn’t the current strategy result in some serious stock dilution for the early investors?
A new round is easier than IPO. Especially when the IPO outcome is not necessarily positive.
Re: Databricks is raising a Series K Investment at >$100B valuation
#6I can’t help feeling it is the first major misstep from databricks , they are raising the money for their hosted Postgres and ai platform.
Ai is not far away from dropping to the “trough of disillusionment” and I can’t see why databricks even needs Postgres.
Hopefully I’m wrong as I’m a big fan of databricks.
Re: Databricks is raising a Series K Investment at >$100B valuation
#7What’s the obvious rationale for going through the whole alphabet of funding rounds, instead of going public / IPO after «the usual» number of raising money. Wouldn’t the current strategy result in some serious stock dilution for the early investors?
If the private markets can offer you the liquidity you need on your terms, then why subject yourself to the scrutiny of the public markets?
Plus the markets are in a weird state right now.
Re: Databricks is raising a Series K Investment at >$100B valuation
#8What’s the obvious rationale for going through the whole alphabet of funding rounds, instead of going public / IPO after «the usual» number of raising money. Wouldn’t the current strategy result in some serious stock dilution for the early investors?
IPO needs real numbers, VCs just want buzzwords
Re: Databricks is raising a Series K Investment at >$100B valuation
#9I’ve never seen a Series K before. I wonder how their cap table looks like.
Technically speaking - "FUCKED"
Re: Databricks is raising a Series K Investment at >$100B valuation
#10I’ve never seen a Series K before. I wonder how their cap table looks like.
In India, Zomato[0] (now listed) and Swiggy[1] both had a Series K. SpaceX has only gotten to a Series J, but they've done some secondary sales since. Apparently, Palantir[2] has had a Series K as well, back in 2015.
[0]: https://appedus.com/indias-zomato-raised-500-million-in-seri...
[1]: https://techcrunch.com/2022/01/24/indian-food-delivery-giant...
[2]: https://www.finsmes.com/2015/12/palantir-technologies-raises...