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David Gerard@awful.systemsM to TechTakes@awful.systemsEnglish · 7 days ago

OpenAI offers 17.5% on venture deal! How can it do that?

pivot-to-ai.com

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OpenAI offers 17.5% on venture deal! How can it do that?

pivot-to-ai.com

David Gerard@awful.systemsM to TechTakes@awful.systemsEnglish · 7 days ago
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By not guaranteeing it in any way

https://www.youtube.com/watch?v=C2Wp5ZUg1yo&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20260330-openai-offers-a-175-return-on-a-venture-deal-how-can-it-do-that - podcast

time: 4 min 47 sec

  • Soyweiser@awful.systems
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    7 days ago

    We know nothing as yet about what the joint ventures will do

    …

    • gerikson@awful.systems
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      7 days ago

      “an undertaking of great advantage, but nobody to know what it is.”

      • David Gerard@awful.systemsOPM
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        5 days ago

        including Sam

      • CinnasVerses@awful.systems
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        6 days ago

        Substack had the same message after their latest $100 million fundraising:

        We’ll buy yachts for the board of directors invest in better tools, broader reach, and deeper support for the Nazis and eugenicists writers and creators driving Substack’s ecosystem

      • Soyweiser@awful.systems
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        7 days ago

        ChatGPT suggest a 100% rate of success.

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