Page 2 - Billy Libby News Today

Even with the rampant enthusiasm for pouring bigger equity checks into startups, founders are now in a unique place in time where they can think differently about how to capitalize their companies.

E-commerce investor Upper90 raises $55M for equity investments It might be strange to hear this from a firm that just raised a $55 million equity fund, but the team at Upper90 would like to remind you that equity isn’t the only funding that’s available. Upper90 is led by CEO Billy Libby (former head of quantitative education sales at Goldman Sachs) and Chairman Jason Finger (co-founder of Seamless), and it was the first investor in both Thrasio and Clearbanc. The firm offers debt and equity...

Share: A new trend is emerging in the investment space where startups raise capital to buy small e-commerce merchants, the Financial Times reports. What Happened: Startups like Thrasio, Heyday, Perch, SellerX, Boosted Commerce, Heroes, and Razor Group have raised roughly $1 billion in equity and debt capital to acquire independent e-commerce merchants, rolling up to build huge digital consumer-goods conglomerates. Independent merchants on  Amazon.com, Inc (NASDAQ: AMZN) marketplace could c...

Upper90 Closes $195 Million Fund From More Than 300 Business Builders Second fund, backed by top entrepreneurs, will fuel hybrid capital approach to helping early-stage companies scale with founder-friendly credit and equity News provided by Share this article Share this article NEW YORK, Dec. 10, 2020 /PRNewswire/ -- Upper90 announces that it has raised $195 million to provide founder-friendly credit and equity to top disruptors in e-commerce, enterprise and fintech.  Upper90 has more than $4...