Alphabet's Wager on Freshworks Is Up $900 Million After Software Company's IPO - NewsBreak

Alphabet's CapitalG investment arm generated hefty returns from an early bet on Freshworks. Freshworks soared 30% on its opening day, and CapitalG owns more than 8% of the company. "It's hard not to feel great," said Gene Frantz, who led CapitalG's Freshworks investment, in an interview on Wednesday. Alphabet's CapitalG...