Medium-sized founder and CEO EV Williams spoke at the 2018 Cyber Summit held in Lisbon, Portugal on November 8, 2018.
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The venture capital firm, co-founded by Twitter’s Evan Williams, has apparently applied to raise $400 million for its latest fund, according to regulatory filings.
submit The obvious adventure v Tuesday with the SEC and stated that this was a preliminary notice. The company raised its latest fund in 2022 $355 millionAccording to PitchBook data, its target is a $400 million target.
A spokesperson for the company declined to comment.
The obvious Ventures was launched in 2014 and is known for its early stage investment in alternative meat startups Beyond Meatheld a 9% stake in the company’s IPO in 2019. In the market, it’s a tough meat with a market cap now below $300 million. A peak of $14 billion In the months after the market debut.
In recent years, the risk market has been widely struggling. Technical IPO In 2022, most dry, in hibernation, besides some of the annual worthy deals. In the third quarter of 2024, exit value reached a five-fifth low, with “only two exits – two acquisitions – exceeding the billion-dollar threshold” October report From Pitchbook and National Venture Capital Association.
The obvious business says it aims to “support entrepreneurs to build disruptive solutions to meet the greatest challenges of humanity” and to Focus About its so-called planetary health, human health and economic health. Notable investments include supplements Olly, Lab Grown Diamond Maker Diamond Foundry and Electric Bus Maker Proterra.
In the early days, it was obvious that businesses had a lot of fun in fundraising activities. to this end First Fund In 2015, the company raised $123,456,789. and Second Fund Two years later, a digital palindrome was raised, $191,919,191.
James Joaquin said when co-founding the second fund with Williams in 2014, the symbolism of the number is that you can review the investments in the first fund to show what the company will do in the future.
Joaquin, one of the company’s managing directors PayPalAnd Ofoto, that’s Buy By Kodak.
Williams helped found Twitter and served as the company’s CEO from 2008 to 2010 still was named “obvious co-founder”, but he is not managing director. Williams wrote in his post on his publishing website Medium In 2017, he was sell Up to 30% of his Twitter holdings go to fund other projects, including obvious ones.
Williams launched the app late last year MovieIn real life, it describes itself as a “private social network where you can see more people”.
