How Menlo Ventures landed a stake in Uber by leading a $32M Series B at the last moment, after a16z failed to accept Uber's terms, and went on to reap billions — How Menlo Ventures landed a stake in Uber worth billions — Menlo Ventures was founded in 1976 but it took 35 years for the venture capital firm to hit the jackpot.
from Techmeme http://bit.ly/2V4g7C3
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