Amount$300M
SeriesStrategic Investment
AnnouncedFeb 13, 2019
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical Strategic Investment round (6.0× the median) — an outlier.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Strategic Investment rounds (33)
Round size distribution73th pct
smaller Strategic Investment roundslarger
