News for hackers. Stuff that matters.

A comment on Google Invests Almost $400M in ChatGPT Rival Anthropic. Parent comment

Re:Google Invests Almost $400M in ChatGPT Rival Anthropic by hooo on Sunday February 05, 2023 @08:49AM (#34664864)
Lol, think from the founder / teams perspectives. Giving 80% ownership would be insane. How could you build a company like that? It’s not so simple.
[ Parent | on HN ]
Re:Google Invests Almost $400M in ChatGPT Rival Anthropic by ignoramous on Sunday February 05, 2023 @09:13AM (#34665026)
Those are called Spin-Ins. Now abandoned, Cisco once pioneered this model: https://news.ycombinator.com/item?id=8348900

The closest Google had to it was Area 120, which has also been abandoned?

[ Parent | on HN ]
Re:Google Invests Almost $400M in ChatGPT Rival Anthropic by onlyrealcuzzo on Sunday February 05, 2023 @10:01AM (#34665400)
Isn't this what incubators do now?
[ Parent | on HN ]
Re:Google Invests Almost $400M in ChatGPT Rival Anthropic by fakedang on Sunday February 05, 2023 @03:01PM (#34668617)
The value add by most incubators and accelerators is minimal, compared to what a large parent company can provide though.
[ Parent | on HN ]
Re:Google Invests Almost $400M in ChatGPT Rival Anthropic by unicornmama on Sunday February 05, 2023 @09:08AM (#34664995)
The sort of people who would accept those terms are not the sort of people you want to build a startup.
[ Parent | on HN ]