Venture Capital

Postmates Secures $141 Million in a ‘Super, Super Difficult’ Fundraising Effort

The food delivery startup sold shares at the same price as its funding round last year.
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The Road Ahead for Postmates After $141M Funding Round

Bastian Lehmann spent most of this year becoming acquainted with the feeling of rejection. The co-founder and chief executive officer of Postmates Inc. was trying to pitch a food delivery business to investors, just as venture capitalists were tightening their belts and cash-burning delivery startups were falling out of favor globally. "It was a super, super difficult fundraise for us," said Lehmann.

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