{"id":45854,"date":"2023-12-04T03:11:42","date_gmt":"2023-12-04T03:11:42","guid":{"rendered":"https:\/\/thedailyherald.co.uk\/uncategorized\/01-advisors-founded-by-dick-costolo-and-adam-bain-just-closed-on-395m-more\/"},"modified":"2023-12-04T03:11:42","modified_gmt":"2023-12-04T03:11:42","slug":"01-advisors-founded-by-dick-costolo-and-adam-bain-just-closed-on-395m-more","status":"publish","type":"post","link":"https:\/\/thedailyherald.co.uk\/tech\/01-advisors-founded-by-dick-costolo-and-adam-bain-just-closed-on-395m-more\/","title":{"rendered":"01 Advisors, founded by Dick Costolo and Adam Bain, just closed on $395M more"},"content":{"rendered":"

You might imagine that if two former Twitter chieftains and a longtime C-suite Facebook exec agreed to build a venture firm together, they would chase after nascent social networks. You\u2019d be wrong. 01 Advisors, an outfit founded in 2018 by former Twitter CEO Dick Costolo and former Twitter COO and president Adam Bain, tells TechCrunch exclusively that it just locked down $395 million in capital commitments for a third fund based on the traction the team has enjoyed by investing primarily in Series B-stage startups that sell business software and fintech services.\u00a0 Some of their most valuable stakes tie to Tipalti, a finance automation platform that was valued at $8.3 billion during the heady days of 2021; SpotOn, which focuses on restaurant and small business payment processing (valued at $3.6 billion last year); HoneyBook,… Click below to read the full story from TechCrunch
Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

You might imagine that if two former Twitter chieftains and a longtime C-suite Facebook exec agreed to build a venture firm together, they would chase after nascent social networks. You\u2019d be wrong. 01 Advisors, an outfit founded in 2018 by former Twitter CEO Dick Costolo and former Twitter COO and president Adam Bain, tells TechCrunch…<\/p>\n","protected":false},"author":203,"featured_media":45855,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"yoast_head":"\n01 Advisors, founded by Dick Costolo and Adam Bain, just closed on $395M more - The Daily Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thedailyherald.co.uk\/uncategorized\/01-advisors-founded-by-dick-costolo-and-adam-bain-just-closed-on-395m-more\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"01 Advisors, founded by Dick Costolo and Adam Bain, just closed on $395M more - The Daily Herald\" \/>\n<meta property=\"og:description\" content=\"You might imagine that if two former Twitter chieftains and a longtime C-suite Facebook exec agreed to build a venture firm together, they would chase after nascent social networks. You\u2019d be wrong. 01 Advisors, an outfit founded in 2018 by former Twitter CEO Dick Costolo and former Twitter COO and president Adam Bain, tells TechCrunch…\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thedailyherald.co.uk\/uncategorized\/01-advisors-founded-by-dick-costolo-and-adam-bain-just-closed-on-395m-more\/\" \/>\n<meta property=\"og:site_name\" content=\"The Daily Herald\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-04T03:11:42+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\">\n\t<meta name=\"twitter:data1\" content=\"Connie Loizos\">\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\">\n\t<meta name=\"twitter:data2\" content=\"1 minute\">\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thedailyherald.co.uk\/#website\",\"url\":\"https:\/\/thedailyherald.co.uk\/\",\"name\":\"The Daily Herald\",\"description\":\"Your Super Aggregated News, Blog & Magazine\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/thedailyherald.co.uk\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/thedailyherald.co.uk\/uncategorized\/01-advisors-founded-by-dick-costolo-and-adam-bain-just-closed-on-395m-more\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/thedailyherald.co.uk\/wp-content\/uploads\/2023\/12\/45854-01-advisors-founded-by-dick-costolo-and-adam-bain-just-closed-on-395m-more.png\",\"width\":1200,\"height\":609,\"caption\":\"01 Advisors, founded by Dick Costolo and Adam Bain, just closed on $395M more\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thedailyherald.co.uk\/uncategorized\/01-advisors-founded-by-dick-costolo-and-adam-bain-just-closed-on-395m-more\/#webpage\",\"url\":\"https:\/\/thedailyherald.co.uk\/uncategorized\/01-advisors-founded-by-dick-costolo-and-adam-bain-just-closed-on-395m-more\/\",\"name\":\"01 Advisors, founded by Dick Costolo and Adam Bain, just closed on $395M more - The Daily Herald\",\"isPartOf\":{\"@id\":\"https:\/\/thedailyherald.co.uk\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thedailyherald.co.uk\/uncategorized\/01-advisors-founded-by-dick-costolo-and-adam-bain-just-closed-on-395m-more\/#primaryimage\"},\"datePublished\":\"2023-12-04T03:11:42+00:00\",\"dateModified\":\"2023-12-04T03:11:42+00:00\",\"author\":{\"@id\":\"https:\/\/thedailyherald.co.uk\/#\/schema\/person\/a8311d410094279f561909dc1ee9f1e5\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thedailyherald.co.uk\/uncategorized\/01-advisors-founded-by-dick-costolo-and-adam-bain-just-closed-on-395m-more\/\"]}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/thedailyherald.co.uk\/#\/schema\/person\/a8311d410094279f561909dc1ee9f1e5\",\"name\":\"Connie Loizos\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/thedailyherald.co.uk\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7effd34988264244da31d06efa0de773?s=96&d=mm&r=g\",\"caption\":\"Connie Loizos\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","amp_validity":null,"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/posts\/45854"}],"collection":[{"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/users\/203"}],"replies":[{"embeddable":true,"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/comments?post=45854"}],"version-history":[{"count":0,"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/posts\/45854\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/media\/45855"}],"wp:attachment":[{"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/media?parent=45854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/categories?post=45854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/tags?post=45854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}