What Investors Look for in a Hyperlocal Startup

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The hyperlocal industry has seen a spurt of big funding news over the past few months with companies like Booker and FoodPanda nabbing double digit rounds. During an afternoon panel discussion at Street Fight Summit West in San Francisco, Alex Ferrara of Bessemer Venture Partners and Sharon Weinbar, a partner at Scale Venture Capital, broke down the way in which they approach investing in the local space…