OpenAI CEO Sam Altman will appear before Congress in 2023 to testify about the dangers of AI. He told US lawmakers at the time that does not own shares in OpenAIsomething he has said many times, stating that he simply runs the company because he loves it. However, Altman recently said that he at one […]
Sam Altman once owned shares in OpenAI through Sequoia– BC Read More »
Sequoia says that without exits there is no problem. The Silicon Valley venture titan increased the value of its Sequoia Capital US Venture XVII 2020 fund by 24.6% in June, at the end of a 12-month period, according to Proposal bookwho conducted an analysis of data from the University of California Regents’ endowment. Sequoia’s profit
Peak XV Partners, the largest India-focused venture fund, has raised around $1.2 billion in exits since its spinoff from Sequoia last year, two sources familiar with the matter told britcommerce. The investor has sold stakes in nearly a dozen portfolio companies that went public last year, including food delivery group Zomato, cosmetics retailer Mamaearth and
