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Access here alternative investment news about Top Vc Deals: Eventbrite, Farfetch, Lucid Motors, Indigoag, Ubiome
Venture Capital

Top Vc Deals: Eventbrite, Farfetch, Lucid Motors, Indigoag, Ubiome

by cnbc.com posted 2months ago 33 views
A weekly recap of the most interesting venture capital deals, funds and start-ups. : Luxury online marketplace Farfetch made its market debut Friday, after selling 44.2 million shares and raising $885 million in the IPO with a valuation around $6.2 billion (factoring in shares already held by employees). Founded in 2008 by José Neves, Farfetch began as a platform to help local high-end boutiques reach broader audiences and later evolved as a tool through which brands like Gucci could sell directly to customers. Farfetch makes its money primarily through commissions on sales via its website.