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March 10, 2018 08:22 pm GMT
Rent the Runway has snagged a $20 million investment from Alibaba CEO Jack Ma and Joe Tsai via Blue Pool Capital, Recode first reported. Blue Pool Capital is a multibillion-dollar fund that invests in public and private equity on behalf people like Ma and Tsai. The round reportedly values Rent the Runway at about $800 million. Rent the Runway’s previous investment came in back in 2016,… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/PF3WjPZJp_k/
Alibabas Jack Ma and Joe Tsai invest $20 million in Rent the Runway
Rent the Runway has snagged a $20 million investment from Alibaba CEO Jack Ma and Joe Tsai via Blue Pool Capital, Recode first reported. Blue Pool Capital is a multibillion-dollar fund that invests in public and private equity on behalf people like Ma and Tsai. The round reportedly values Rent the Runway at about $800 million. Rent the Runway’s previous investment came in back in 2016,… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/PF3WjPZJp_k/
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