Sources: OpenAI recently topped $1.6B in annualized revenue, up from $1.3B in mid-October; some OpenAI leaders believe OpenAI can reach a $5B ARR by 2024's end
It's effectively an imaginary number. It isn't the revenue made this year. … X: Ant Stanley / @iamstan : Annualized Revenue is a VC metric and different from Annual revenue. It is the latest month's ...
Instacart prices its 22M shares at $30 a piece, raising $660M in its IPO at a fully diluted valuation of ~$10B; Instacart was valued at $39B in 2021
the company isn't just an app. @apoorva_mehta and the team had to build an e-commerce, labor management and ad platform. He also had to construct an enterprise system for retailers + all in a low-marg...
As tech stocks fall, Andreessen Horowitz, Sequoia, GGV, and other VC firms are buying publicly traded stocks of companies whose prospects they deem to be strong
Plunging shares of tech stocks have prompted venture capital firms to take an unusual step: buying publicly traded stocks. Tweets: @eghosao and @amir Tweets: Eghosa Omoigui / @eghosao : Some of us hav...