Baillie Gifford maintained pro rata in Databricks' $60B round without doubling down
Peter Singlehurst · Peter Singlehurst: Lessons from Turning Down Stripe, Coinbase and Losing Money on Northvalt · 20VC with Harry Stebbings · Mar 19, 2025 · at 38:55
Peter Singlehurst is Head of Private Companies at Baillie Gifford, discussing the firm's investment decision in Databricks.
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“Remember we did our pro rata in the sixty billion round, which is a little bit different from saying we're doubling down, right? So it's, we stood our hand, we put a small amount of extra capital into it, but we didn't double down in the 60 round.”
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