Firm to get 149-times return on $2.7 mn funding in startup
Investor United will get 149 times return on its $2.7 million investment which it made in Japanese e-commerce startup Mercari in 2013, according to Bloomberg. Its stake will be worth more than $409 million after Mercari holds an Initial Public Offering (IPO) on June 19. The startup's IPO has been priced at a valuation of $3.7 billion.