Venture Capital
Silicon Valley Billionaires Panic Over California’s Proposed Wealth Tax
[ad_1] Did California lose Larry Page? The Google and Alphabet cofounder, who left day-to-day operations in 2019, has seen his net worth soar in the years since—from around $50 billion...
OpenAI Is Poised to Become the Most Valuable Startup Ever. Should It Be?
[ad_1] OpenAI is reportedly on the verge of a roughly $500 billion valuation, a figure that would make it the most valuable private company in the world—bigger than SpaceX, TikTok’s...
How Private Equity Killed the American Dream
[ad_1] In her new book, Bad Company: Private Equity and the Death of the American Dream, journalist and WIRED alum Megan Greenwell chronicles the devastating impacts of one of the...
Yale’s Endowment Selling Private Equity Stakes as Trump Targets Ivies
[ad_1] Yale University’s famed endowment has been trying to offload one of the largest portfolios of private equity investments ever in a single sale, a move that reflects the pressures...
Silicon Valley Is Starting to Pick Sides in Musk and Trump’s Breakup
[ad_1] Some of Trump’s high-profile backers from Silicon Valley stayed mostly quiet during the Trump-Musk flare-up on Thursday or tried to turn attention to other topics, including Sacks and Chamath...
The Stakes for OpenAI’s Plan B
[ad_1] OpenAI backtracksOpenAI’s decision to scale back its ambitious corporate reorganization has drawn lots of scrutiny, including what the plan means for artificial intelligence safety, potential profits for investors and...
