VC Uncovered · David Roos, Core Innovation Capital
OpenAI's Early Investors Got Crushed
“The early investors in OpenAI now own just 2% of the business.”
Transcript
I want to I want to participate. Interestingly, you know, there's an information article that came out earlier this week, where it was a breakdown of open AI's ownership. And don't get me wrong, I would love to have a piece of open AI right now. But
the the early investors in open AI now on just 2% of the business. And and so you see like what it means to have a business that requires a ton of capital from a dilution
perspective. Now part of that is they sold 50% of the business Microsoft. And so maybe they didn't need to do that in hindsight. But anyway, you know, this is it's it just goes to show like we don't want to be investing in businesses that