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letsdothis3 ago

Postmates https://en.wikipedia.org/wiki/Postmates

Postmates was founded in 2011 by Bastian Lehmann, Sean Plaice, and Sam Street and is headquartered in San Francisco, California.[3] Postmates was part of Angelpad's first accelerator cohort.

In January 2019 Postmates raised $100 million investment by BlackRock together with Spark Capital, Founders Fund, Uncork Capital and Slow Ventures. Thus, the total valuation of the company reached $1.85 billion.

Voat Post : What's up w/ this new "Q" name Rizvi Traverse Management? by@bopper

Rizvi Traverse Indian billionaire. What, is this guy CIA intermediary? (High level compartmentalization? A few degrees removed?) He's propped up Playboy, Twitter, and works w/ Richard Branson and big Hollywood celebs.

Here he is below, he digs anonymity. ...

http://www.rizvitraverse.com/insight-little-known-hollywood-investor-poised-to-score-with-twitter-ipo/

(As has been noted here, Twitter is some sort of black hole. "Twitter has lost $2 billion since 2011." "Twitter has never turned a profit.")

Traverse is involved (investments) in all these things including film biz and Snapchat. Private global jet charters. SpaceX (rockets and space travel). This guy's got his fingers in everything.

"The friends successfully pitched JPMorgan Chase & Co on a deal to buy more than $400 million worth of Twitter shares in 2011. Months later, Rizvi recruited Kingdom Holding Co, Saudi Prince Alwaleed’s investment company, to buy an additional $300 million in stock in a separate vehicle. JPMorgan Chase and representatives for Alwaleed did not respond to requests for comment on the deal." Also, "Rizvi maintains an elusive Web presence. The only readily found picture of Rizvi is a snapshot of him sitting with Twitter CEO Dick Costolo and Alwaleed in a New York hotel after the prince bought Twitter shares."

https://voat.co/v/pizzagate/2255494/11154107 But from all accounts, no one made out better than Rizvi Traverse and its principal, who pulled in more than what even the founders and CEOs (Evan Williams and Jack Dorsey) and initial investors (Spark Capital, Benchmark Capital etc.,) made.

Spark Capital https://en.wikipedia.org/wiki/Spark_Capital

Bijan Sabet, partner at Spark Capital, invested in Twitter's second (Series B) round in June 2008, along with Jeff Bezos and additional investments from past investors such as Fred Wilson of Union Square Ventures, and Sabet also accepted a board seat at Twitter.[14] According to Hatching Twitter, Sabet and Wilson played a crucial role in facilitating smooth leadership changes at Twitter in October 2008 and later October 2010—ousting Jack Dorsey to install Evan Williams in 2008, and ousting Williams to install Dick Costolo in 2010.

In December 2016, Spark Capital led a series B funding round for Pendo, a platform driven by data[clarification needed] that helps companies deliver experiences with respect to software.[clarification needed] This was in collaboration with Salesforce Ventures, Core Capital Partners, Battery Ventures, IDEA Fund Partners, and Contour Venture Partners. The company's General Partner Megan Quinn joined the board of directors.

letsdothis3 ago

Interesting video

The Truth About postmates.com

letsdothis3 ago

Suhail Rizvi https://en.wikipedia.org/wiki/Suhail_Rizvi

Suhail R. Rizvi is co-founder and Chief Investment Officer of Rizvi Traverse Management LLC.[1] He has a Bachelor of Science in Economics from the Wharton School of the University of Pennsylvania, and sits on the Wharton Undergraduate Executive Board.[2] A venture capitalist, his investments include Twitter, Facebook, Flipboard and Square.

Along with social media, Rizvi has invested in telecommunications and entertainment.[5] In April 2007, Rizvi Traverse acquired an equity ownership stake in Summit Entertainment, the studio behind the successful “Twilight” series. In January 2012, Lions Gate [Frank Giustra] announced that it had acquired Summit Entertainment for $412.5 million