BlockBeats News, July 2nd, Data center operator Switch announced the official launch of a $20 billion private financing round, led by a16z. Insiders revealed that Switch's post-financing enterprise valuation could be close to $500 billion, with an equity value of about $190 billion. Sources said a16z will invest around $4 billion. In addition, Goldman Sachs and JPMorgan are also helping to advance this round of financing, which may prepare Switch for its earliest initial public offering as soon as next year.
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