Spark Capital suddenly has $1 billion to invest

Spark Capital, whose investments have included Oculus VR, Twitter, and Cruise Automation, has closed on $1 billion in commitments, it revealed earlier today. The 11-year-old firm, which has offices in Boston, San Francisco, and New York, was known to be raising at least $370 million for its fifth early-stage fund, Spark Capital V, having registered the fund with the SEC back in March. That… Read More...