Sources and filings: Sam Altman's net worth is ~$1B, driven by investments in Reddit, Stripe, Helion, YC startups, and others, despite having no OpenAI equity
CEO Sam Altman famously has no equity in OpenAI, but startup bets like Reddit, Stripe and Helion have made him a billionaire anyway, a Forbes investigation found. X: @alexrkonrad , @alexrkonrad , @n_s...
PitchBook: US VCs have $311B in unspent cash, as investors shy away from risky bets and focus on dividends, after raising a record $435B between 2020 and 2022
Financial Times :
Sources: in January 2018, Alameda got a $110M loan from Skype co-founder Jaan Tallinn and a $6M loan from philanthropist Luke Ding, who back Effective Altruism
The big money behind Alameda Research, the sister trading firm of crypto exchange FTX, came from two influential backers … Tweets: @lizrhoffman , @mikekoob , @timnitgebru , @woodhull , @timnitgebru , ...
Accel, Lightspeed, Sequoia, a16z, and other firms are increasingly buying public tech stocks, capitalizing on low prices, as the private startup market stalls
Startup investors, known for making risky bets on unproven companies, are taking advantage of lower share prices following a market rout
a16z raises new $2B fund and says the firm's 150 employees are being registered as financial advisers, so they can go deeper on riskier bets, like buying crypto
and more company is coming Lauren Feiner / CNBC : One of Silicon Valley's most famous venture capital firms says it will no longer be a venture capital firm Nikhilesh De / CoinDesk : A16z Moves to Pla...
a16z raises new $2B fund and says the firm's 150 employees are being registered as financial advisors, so they can go deeper on riskier bets, like buying crypto
Emerging from the financial crisis in 2009, Marc Andreessen and Ben Horowitz laid out their campaign to take on Silicon Valley. Tweets: @bizcarson , @zalzally , @bizcarson , @bizcarson , @alexrkonrad ...
A look at how Saudi Arabia's sovereign wealth fund, valued at $225B, is shifting focus to tech-related bets, like Uber and an expanded stake in Tesla
Talks with Tesla show how crown prince's sovereign-wealth fund has become a global player, but some worry about impulsive, risky bets Tweets: @summer_said , @pwonacott , and @jasonzweigwsj Tweets: Sum...