At the center of every empire is an ideology, a belief system that propels the system forward and justifies expansion – even if the cost of that expansion directly defies the ideology’s stated mission. For European colonial powers, it was Christianity and the promise of saving souls while extracting resources. For today’s AI empire, it’s […]
Karen Hao on the Empire of AI, AGI evangelists, and the cost of belief Read More »
Billionaire entrepreneur and investor Mark Cuban thinks America’s healthcare industry is broken, and he’s not mincing words about it. “No one looks at the financial side of healthcare and says, ‘This is the way it should work,’” Cuban said on this week’s episode of the Equity podcast. “When you go to the doctor and you
Bradley Tusk, co-founder and managing partner at Tusk Venture Partners, told TechCrunch in today’s episode of Equity that VC as we know it is dead. And it has been for the last four years. “Maybe there’s some VC that I’ve never heard of that’s awash with liquidity the last couple of years, but we haven’t
According to Bradley Tusk, co-founder and managing partner of Tusk Venture Partners, venture capital has been “effectively dead for the last four years.” A self-proclaimed “Fixer,” Tusk recently made the decision not to raise a fourth fund. Instead, he decided to go back to his roots and launch an equity-for-services firm aimed at helping early
Bradley Tusk says VC is dead. But the ‘fixer’ in him is just getting started Read More »
How much equity in OpenAI will Microsoft get once the former becomes a for-profit company? That’s the multi-billion-dollar question — one the two parties are racing to answer ahead of a two-year deadline. The Wall Street Journal reports that both Microsoft and OpenAI have hired investment banks to negotiate Microsoft’s equity — which could be
Microsoft could end up with substantial equity in the restructured, for-profit OpenAI Read More »
