zlacker

Most of the VCs have already spent their money in the last couple of years.

So he may have a blank check but not nearly enough to build an OpenAI competitor.

Would love to see him at IBM with full use of their quantum systems.

>>threes+(OP)
> Would love to see him at IBM with full use of their quantum systems.

I’m picturing a Wild Wild West-style mad scientist, creating a steampunk army from old spare parts from Big Blue and rising up to challenge the cyber people.

>>threes+(OP)
> Most of the VCs have already spent their money in the last couple of years.

Lol no. There is about ~$500B in VC dollars, not to mention $1.2T in buyout dry powder still floating around. Not to mention venture funds raised continue to grow YoY.

https://www.bain.com/globalassets/noindex/2024/bain_report_g...

>>mbesto+a1
I was referring more specifically to the AI segment.

Many of the VCS are over-exposed and still need to have funds to cover follow-on investments in the space. Not buying that there is the widespread appetite to fund a multi-billion new startup like there was a year or two ago.

>>threes+I3
Some sources are needed to back those claims up. Which VCs are you talking about?