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Venture News

'Mega-Round' Investors Shower Start-Ups With Millions

on Aug 14 2018
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In late April, when Mike Massaro set out to get $40 million to $75 million in funding for his payments start-up, Flywire, he contacted a small group of investors he already knew. But word quickly got around, and other investors flooded his inbox with $200 million of investment offers, half of which he turned down.