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OpenRouter raised money at a $1.3 billion valuation a few months ago, if the NYTimes reported valuation is accurate. Going from a $1.3b valuation to a $7b exit
by Aurornis 2mo ago
OpenRouter raised money at a $1.3 billion valuation a few months ago, if the NYTimes reported valuation is accurate.
Going from a $1.3b valuation to a $7b exit in a couple months is an amazing return for those investors. I hope the OpenRouter employees got some decent equity out of this
- Taikhoom10 2mo agoThey should just hold Stripe stock, plus there are always liquidation preferences so it is not so black and white
- dannyw 2mo agoOpen weight models did take off significantly over the past couple of months. You can see their exponential curve in https://openrouter.ai/rankings#top-models https://openrouter.ai/rankings#top-models It's so significant that even OpenAI is doing promos on OpenRouter. It's 50% cheaper to use Luna (provider: OpenAI) on OpenRouter, than via OpenAI's first party platform.