๐ How Startup Funding Works!
๐ก Idea Stage โ Just an idea, no funding yet.
๐ค Co-Founder Stage โ Team formation, still no money.
๐จโ๐ฉโ๐งโ๐ฆ Friends & Family โ Early believers pitch in ($15K).
๐ฑ Seed Round โ First external funding to grow ($200K).
Ilya sutskerver's (ex chief computer scientist at openai) company "ssi inc" raised over 1 billion dollars.
14 replies8 likes
Antazya S Jatrana
Building KRATEย โขย 11m
My teenage brain couldn't stop laughing at this.
2 replies4 likes
Harsh Dwivedi
ย โขย
Medialย โขย 7m
The five startups OpenAI doesn't want their investors to fund are:
Anthropic
xAI
SSI (Ilya's company)
Perplexity
Glean
17 replies8 likes
Dr Bappa Dittya Saha
We're gonna extinct ...ย โขย 1y
My friends discussing about going to US and UK for better opportunities!
I'm laughing in corner while using Medial!
They don't know what they are missing!
Hope nobody got to know about Medial๐คซ
Ilya's 3 months old SSI AI startup getting 1B$ Funding at 5B$ Valuation just simply shows the extreme strength of US VCs and their intense rational on investing on tech & talents. As SSI is just a concept with not even a single line of code in produc
