X.ai: $6B Series B

Re:X.ai: $6B Series B by joeberg8 on Monday May 27, 2024 @04:56PM (#40494619)

You really think investors like sequoia and a16z are dumb enough to fall for Elon hyping things up? They know who he is and They’ve seen him operate at levels basically no other entrepreneur can snd are betting on that

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Re:X.ai: $6B Series B by ml-anon on Monday May 27, 2024 @06:37PM (#40495437)

SBF

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Re:X.ai: $6B Series B by joeberg8 on Monday May 27, 2024 @06:42PM (#40495486)

Elon’s created multiple 100B companies

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Re:X.ai: $6B Series B by ml-anon on Monday May 27, 2024 @06:53PM (#40495552)

This is the second 20B company he created. Unfortunately the other one is Twitter.

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Re:X.ai: $6B Series B by spruce_tips on Monday May 27, 2024 @06:54PM (#40495556)

But that doesn’t mean investors can’t be stupid

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Re:X.ai: $6B Series B by sangnoir on Tuesday May 28, 2024 @03:26PM (#40504553)

> You really think investors like sequoia and a16z are dumb enough to fall for Elon hyping things up?

a16z invested $350 in Adam Neumann's real estate venture - after WeWork. VCs will absolutely knowingly invest on hype if they think it's going to last long enough for them to cash out with great returns.

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