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For startups? OpenAI hasn't been public for long enough to no longer be considered a startup.
by notepad0x90 1y ago
For startups? OpenAI hasn't been public for long enough to no longer be considered a startup.
- nedflanders2 1y agoM&A is a growth lever for startups, especially in a competitive market. Stripe bought Paystack. Databricks acquired Tecton, Neon, BladeBridge, Tabular, Arcion, MosaicML. Wiz bought Dazz, Gem Security, and Raftt. ServiceNow acquired Moveworks. Snowflake purchased Crunchy Data. CoreWeave agreed to buy Weights & Biases. Ripple acquired GTreasury. AlphaSense purchased Tegus. etc. etc.
- antonvs 1y agoAcquisition is a common use of VC funding by startups. It perfectly fits the VC agenda which is to use funding to secure a competitive, ideally leading, position in the market.