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A comment on Ilya Sutskever to leave OpenAI. Parent comment

Re:Ilya Sutskever to leave OpenAI by mbesto on Tuesday May 14, 2024 @07:59PM (#40361518)
> Most of the VCs have already spent their money in the last couple of years.

Lol no. There is about ~$500B in VC dollars, not to mention $1.2T in buyout dry powder still floating around. Not to mention venture funds raised continue to grow YoY.

https://www.bain.com/globalassets/noindex/2024/bain_report_g...

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Re:Ilya Sutskever to leave OpenAI by threeseed on Tuesday May 14, 2024 @08:22PM (#40361676)
I was referring more specifically to the AI segment.

Many of the VCS are over-exposed and still need to have funds to cover follow-on investments in the space. Not buying that there is the widespread appetite to fund a multi-billion new startup like there was a year or two ago.

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Re:Ilya Sutskever to leave OpenAI by thomashop on Tuesday May 14, 2024 @09:11PM (#40362011)
Some sources are needed to back those claims up. Which VCs are you talking about?
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