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The big winner of Uber's $2.65 billion Postmates acquisition is Spark Capital, a small VC firm that's enjoying a streak of hits in a gloomy 2020

2 monthes ago   |   By Business Insider

Spark Capital was one of the big winners when Uber announced its acquisition of restaurant service Postmates for $2.6 billion on Monday.
The venture capital firm has invested in other major hitters in the startup world, including Slack, Plaid, and Mirror, the fitness tech startup that was sold to Lululemon for $500 million.
It's unclear how big Spark's return on Postmates will be.
The fund raised $1.35 billion earlier this year in order to fund other early and growth-stage startups.
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When Uber announced the acquisition of restaurant...
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Uber Gobbles Up Postmates In $2.65 Billion Bet On Food Delivery

Uber Gobbles Up Postmates In $2.65 Billion Bet On Food Delivery

2 monthes ago   |   By NPR

The deal is a sign of how the coronavirus pandemic has turned Uber's business model upside down, with customers shunning ride-hailing and flocking to delivery services. (Image credit: Tomohiro Ohsumi/Getty Images)
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Uber gobbling up Postmates in $2.65 billion stock takeover

2 monthes ago   |   By NY Daily News

Uber Technologies is swallowing delivery service Postmates in a $2.65 billion all-stock takeover, the companies announced Monday.
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