simple@lemmy.world to

Technology@lemmy.worldEnglish · 2 years ago

Co-founder of Stability AI, worth billions, says he was tricked into selling stake for $100

www.semafor.com

5

59

Co-founder of Stability AI, worth billions, says he was tricked into selling stake for $100

www.semafor.com

simple@lemmy.world to

Technology@lemmy.worldEnglish · 2 years ago

5

Co-founder of Stability AI, worth billions, says he was tricked into selling stake for $100 | Semafor

www.semafor.com

Cyrus Hodes said he sold his 15% stake to CEO Emad Mostaque just before the firm raised $101 million at a $1 billion valuation.

Chat

MKBandit@lemmy.world
link
fedilink
English
arrow-up
6·
2 years ago
Yeah makes 0 sense. I would just ride to the death instead of $100

Technology@lemmy.world

technology@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

5.76K users / day
13.2K users / week
20.6K users / month
36K users / 6 months
1 local subscriber
66.4K subscribers
14K Posts
623K Comments
Modlog