• by Zigurd on 4/1/2025, 9:18:13 PM

    From the Feb 2024 round announcement: “A16Z, Blackrock, Fidelity Management & Research Company, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners and Vy Capital, amongst others. Strategic investors NVIDIA and AMD also participated”

    I bet the limiteds in those VC funds are thrilled to own a falling knife in social media and the interest payments on $12 billion in debt. And this is a real enhancement to Nvidia and AMD investment strategies.

  • by biglyburrito on 4/1/2025, 4:04:56 PM