4 ms·
Looks like a who's who of investors disagree... >The company, xAI, says that it has secured $6 billion in a new round of funding that values it at $24 billion.
by hnburnsy 2y ago
Looks like a who's who of investors disagree...
>The company, xAI, says that it has secured $6 billion in a new round of funding that values it at $24 billion. Investors in the round include Fidelity, Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital, Prince Alwaleed Bin Talal and Kingdom Holding, and others.
- verdverm 2y ago1. They haven't given xAI more money than any of the other companies I listed are investing in themselves 2. The who's who of investors are not representative of the public or its sentiment. It's an elite club or cartel to some
- Zigurd 2y agoAndreessen Horowitz also invested in Adam Neuman's new thing. Overpriced small apartments I think it was.
- verdverm 2y agoa16z also seems to have sunk cost fallacy with crypto startups too