- Thrive Capital in talks to buy stake in startup - Databricks valuation for new deal could be $55 billion - Thrive Capital is expected to lead the bid for the deal - Employees and early investors will be able to sell their shares - A year ago, Databricks received $500 million at a valuation of $43 billion - Throughout its time, startup Databricks has raised roughly $4+ billion in funding - Its investors include Andreessen Horowitz, Battery Ventures, and others - The main competitor for Databricks is Snowflake - Snowflake has a market valuation of $44 billion