Re:Ilya Sutskever's SSI Inc raises $1B
by jungturk on Wednesday September 04, 2024 @02:06PM
(#41448675)
For at least some of the investors, a successful exit doesn't require building a profitable business.
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Re:Ilya Sutskever's SSI Inc raises $1B
by gigatexal on Wednesday September 04, 2024 @02:10PM
(#41448706)
I guess if they can get in early and then sell their stake to the next sucker then they’ll make back their investment plus some multiple. Seems like a Ponzi scheme of sorts. But oh well — looking forward to the HN post about what SSI inc puts out.