Seattle has a new unicorn, Outreach, the sales and marketing automation company that raised a $114 million funding round, pushing its valuation to $1.1 billion....MORE, including audio
The news sends GeekWire co-founder John Cook and and me on a startup odyssey on this episode of the GeekWire Podcast, exploring the hidden connections among the new wave of public companies and tech behemoths in Silicon Valley and Seattle, including Uber, Lyft, and Convoy.
Here’s the thread of the conversation if you want to follow along.
- Outreach CEO Manny Medina says the company will continue to invest in its hometown, with a goal of becoming “the next enterprise beacon of Seattle.”
- One of the most interesting aspects of the Outreach funding is that it was led by Lone Pine Capital, a relatively unknown hedge fund manager based in Greenwich, Conn.
- Lone Pine Capital also previously invested in on-demand trucking startup Convoy, another Seattle startup that reached unicorn status last year. Convoy is listed as a competitor in Uber’s initial IPO paperwork, as a rival to Uber Freight....
Monday, April 22, 2019
"Unicorns, IPOs and the hidden links among the new wave of tech giants"
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