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Top related persons:
VCs - 1 — - 1 Joe Aaron - 1 — Sheel - 1 Andreessen Horowitz - 1 Elon Musk's XAI - 1 Ilya Sutskever - 1 Umesh Padval - 1
Top related locs:
OpenAI Canadian San Diego , California USA Petco San Diego Los Angeles San Francisco
Top related orgs:
Service - 1 Sequoia Capital - 1 Fidelity - 1 Ark Invest - 1 Sound Ventures - 1 Wisdom Ventures - 1 Thomvest Ventures - 1 Parkway Venture - 1

Search resuls for: "Sheel"


4 mentions found


☆ VCs are 'hedging their bets,' backing competing LLMs like Anthropic and OpenAI, breaking a long-standing venture taboo
  + stars: | 2024-10-26 | by ( Ben Bergman | Riddhi Kanetkar | ) www.businessinsider.com   time to read: +5 min
Venture firms are increasingly investing in competing LLM startups like OpenAI and xAI. Some VCs argue investing in multiple LLMs is strategic, while others see it as unethical. AdvertisementWhen venture firms pull out their checkbooks, there has traditionally been an unspoken rule: Do not back a competitor. Sound Ventures and Wisdom Ventures backed both OpenAI and Anthropic. There is also the matter of money, with only a handful of firms capable of writing the colossal checks required to fund LLM companies.
Persons: VCs, —, Joe Aaron, — Sheel, Andreessen Horowitz, Elon Musk's XAI, Ilya Sutskever, Umesh Padval, Padval, Anthropic, OpenAI, Gregg Hill, they've Organizations: Service, Sequoia Capital, Fidelity, Ark Invest, Sound Ventures, Wisdom Ventures, Thomvest Ventures, Parkway Venture, Madrona Ventures, NASDAQ Locations: OpenAI, Canadian
☆ Padres owner and chairman Seidler dies aged 63
  + stars: | 2023-11-14 | by ( ) www.reuters.com   time to read: +2 min
Jul 7, 2022; San Diego, California, USA; San Diego Padres chairman Peter Seidler (R) shakes hands with Padres former radio announcer and team ambassador Ted Leitner, who was inducted into the Padres hall of fame before the game against the San Francisco Giants at Petco Park. Mandatory Credit: Orlando Ramirez-USA TODAY Sports/File... Acquire Licensing Rights Read moreNov 14 (Reuters) - San Diego Padres owner and chairman Peter Seidler has died at the age of 63, the team said on Tuesday. Seidler, who founded private equity firm Seidler Equity Partners, purchased the team along with his uncle Peter and businessman Ron Fowler in 2012. "The Padres organization mourns the passing of our beloved Chairman and owner, Peter Seidler," Padres CEO Erik Greupner said in a statement. Although he was our Chairman and owner, Peter was at his core a Padres fan.
Persons: Peter Seidler, Ted Leitner, Orlando Ramirez, Seidler, Peter, Ron Fowler, Erik Greupner, Sheel, Rory Carroll, Toby Davis Organizations: San Diego Padres, Padres, San Francisco Giants, USA, Equity Partners, Major League Baseball, Thomson Locations: San Diego , California, USA, Petco, San Diego, Los Angeles
☆ Musk and Zuck promised us a cage fight, but what we've got are 2 reply guys trading petty jabs
  + stars: | 2023-07-07 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +4 min
Elon Musk and Mark Zuckerberg remain at each others' throats following the launch of Threads. The squabble has ramped up a notch after Twitter threatened to take Meta to court over Threads. It's getting a bit pitiful for Elon Musk and Mark Zuckerberg as their feud continues to escalate, following the launch of Threads. In Musk's case, Twitter CEO Linda Yaccarino should bring a level-headedness that her colleague is clearly lacking. These include hashtags, a "following" feed, and a messaging function, which means Threads is still a skeletal project.
Persons: Elon Musk, Mark Zuckerberg, haven't, Musk, Alex Spiro, Zuckerberg –, Meta, Andy Stone, Sheel Mohnot, Zuckerberg, Zuck, who's, He's, Alex Heath, Linda Yaccarino, Adam Mosseri, Mosseri Organizations: Meta, Twitter, UFC Locations: San Francisco
☆ Sequoia Capital took a $213 million bath on FTX after the crypto exchange imploded. That's not that bad, VCs say.
  + stars: | 2022-11-10 | by ( Melia Russell | ) www.businessinsider.com   time to read: +6 min
FTX investor Sequoia Capital has marked down its position to $0 as the crypto exchange crumbles. Sequoia Capital now views its $213.5 million investment in FTX as worthless as the crypto exchange teeters on the brink of collapse after an eleventh-hour deal to salvage the business fell apart. "Somehow Sequoia capital turned a FTX write down to zero into a humblebrag. It invested $150 million into FTX through its third growth fund, which Sequoia said totaled less than 3% of that fund's capital commitments. In its letter to investors, Sequoia said it does "extensive research and thorough diligence" on every investment it makes.
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