Amount$1B
SeriesDebt Financing
AnnouncedMar 1, 2016
SectorMedia & Entertainment
Sub-sectorRecommendation Engines
RegionSweden
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical Debt Financing round (10.0× the median) — an outlier.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Debt Financing rounds (145)
Round size distribution94th pct
smaller Debt Financing roundslarger
vs. Media & Entertainment (23)
Round size in sector91th pct
$1Mthis round: $1B$526M
