TechnologyEnglish • 1 year ago

Co-founder of Stability AI, worth billions, says he was tricked into selling stake for $100

www.semafor.com

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Co-founder of Stability AI, worth billions, says he was tricked into selling stake for $100

www.semafor.com

TechnologyEnglish • 1 year ago

cross-posted to:
[email protected]

Co-founder of Stability AI, worth billions, says he was tricked into selling stake for $100 | Semafor

www.semafor.com

Cyrus Hodes said he sold his 15% stake to CEO Emad Mostaque just before the firm raised $101 million at a $1 billion valuation.

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