Addition founder Lee Fixel has a $1.3 billion fund to look for the next Eventbrite, Flipkart or ... [+] Peloton. Via LinkedInPeloton CEO John Foley was used to hearing “no” by the time he met with investor Lee Fixel in early 2014. But as Peloton rang the bell from the Nasdaq roof that day, Fixel was hard to spot, lingering inside. Fixel has raised $1.3 billion for a new multi-stage venture capital firm called Addition, the investor told Forbes on Wednesday. Through a previous investor, Weaver met Fixel, of whom he’d only heard second-hand from Fixel’s Tiger days.

Source: Forbes July 01, 2020 13:42 UTC