Khosla Ventures was the first investor in OpenAI when it switched to a "capped-profit" model in 2018.
When OpenAI switched from a non-profit to a "capped-profit" company in 2018, he put his money where his mouth was when Khosla Ventures stepped forward with the first check.
While some notable earlier investors sat out this round, such as Sequoia Capital, sat out this round, Khosla Ventures doubled down.
"There's plenty of companies in the public markets that have higher revenue multiples with much lower growth than OpenAI," Khosla said during an interview this week.
Advertisement"I think a number of people who left recently really want to start something of their own, but the organization is also being rationalized for agility and speed," Khosla said.
Persons:
Khosla, —, Vinod Khosla, OpenAI, Mira Murati, Ilya Sutskever, Andrej Karpathy, John Schulman, Sam, Altman, Sutskever, X, 4chan Khosla, Donald Trump, Elon Musk, Musk
Organizations:
Khosla Ventures, Service, Sequoia Capital, 4chan, 4Chan
Locations:
OpenAI, Silicon Valley, It's