How to get rich from a startup: spongebobs gets rich and gets motivated
Get a daily roundup of the top reads in personal finance delivered to your inbox.
Sign up to receive the Personal Finance Daily newsletter.
Read moreThe deal for the first time is a two-year, $4.5 million deal for one million shares of Spark Capital, the private equity firm led by former Google and Facebook CEO Eric Schmidt.
Spark has raised $5.2 billion since launching in 2013, according to Bloomberg data.
Its stock has jumped more than 80% since it went public in April.
Spark has raised more than $5 billion in venture capital, according in a Bloomberg analysis.
The stock is up nearly 5% since last month.
The deal is the latest in a string of investments from Spark.
Spur’s founder, Tony Horton, and former Google cofounder Sergey Brin have contributed to the firm.
Spike is currently in talks with the California Department of Finance about expanding its incubator, according a spokeswoman for the agency.
Spock was a partner at Draper Fisher Jurvetson before joining Spark in 2018.
Spink declined to comment.