| ▲ | zanie 3 days ago | |
A brief note, your numbers are way off here — Astral subsequently raised a Series A and B (as mentioned in the blog post) but did not announce them. We were doing great financially. (I work at Astral) | ||
| ▲ | rvnx 3 days ago | parent | next [-] | |
It seems you are one of the most active contributors there. I would sincerely have understood better (and even wished) if OpenAI made you a very generous offer to you personally as an individual contributor than choose a strategy where the main winners are the VCs of the purchased company. Here, outside, we perceive zero to almost no revenues (no pricing ? no contact us ? maybe some consulting ?) and millions burned. Whether it is 4 or 8 or 15M burned, no idea. Who's going to fill that hole, and when ? (especially since PE funds have 5 years timeline, and company is from 2021). The end product is nice, but as an investor, being nice is not enough, so they must have deeper motives. | ||
| ▲ | tgtweak 3 days ago | parent | prev [-] | |
I mean you pirouetted onto the AI hype train before running out of working capital - I guess that's doing great financially by some definitions. | ||