6 Lessons Learned From Investing In 800 Startups [Forbes]
Telefonica SA (TEF)
Last telefonica sa earnings: 2/23 04:01 pm
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telefonica.com/en/web/shareholders-investors
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Source: Forbes
Telefonica Telefonica With its headquarters in Spain, Telefonica is one of the largest telephone operators in the world with over 120,000 employees and over $52B in annual revenues. In 2011, Telefonica launched Wayra with the goal of accelerating startups. In exchange for participating in the acceleration program, startups would receive funding, office space, and mentoring. In this regard, Wayra boasts that over 45% of its ventures have female founders. The initiative was launched by Jose Maria Alvarez Pallete, the current CEO. At the time, Pallete led Telefonica International arm. According to Crunchbase , Wayra is one of the leading startup accelerators based on successful exits. The open innovation arm of Telefonica, has invested over $160M across 800 startups with its different vehicles. It’s portfolio of companies has now raised over $1.4B, with at least 50 successful exits via acquisition. Some of the exits of the Wayra ecosystem includes Tru
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TEF
Earnings
- 2/23/24 - Beat
TEF
Sec Filings
- 4/23/24 - Form 6-K
- 4/22/24 - Form SC
- 4/12/24 - Form SC
- TEF's page on the SEC website