The Morning Download: Connected Homes, Cars Top Agenda at CES - btbirkett@gmail.com - Gmail
Snapchat cracks top 10 largest U.S. venture-capital deals. Messaging firmSnapchat disclosed in a filing on New Year’s Eve that it raised a $486 million investment, the 10th largest deal among U.S. venture capital-backed companies in history. As venture investors fight over the brightest startups, valuations are expanding at unprecedented rates, the WSJ’s Scott Austin reports. Investors now have to ante up more money to get an adequate stake in a company.
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