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Stanford to start Loopt, Sequoia backed him. He later became a “scout” for Sequoia, introducing the firm to Stripe, which became one of the firm’s most
Why? Because venture capital firms have historically avoided backing competing companies in the same sector, preferring to place their bets on a
Sequoia’s apparent reversal on portfolio conflicts is especially glaring given its historical stance. As we reported in 2020,
The Sequoia connection with Altman runs deep. When Altman dropped out of Stanford to start Loopt, Sequoia backed him. He later became a “scout” for
he multi-year license agreement allows UMG-signed artists like Taylor Swift to stream on NetEase's platform. The deal includes provisions and terms covering artificial intelligence both
Axios reported on Monday that OpenAI's policy chief Chris Lehane said that the company is "on track" to unveil its first device in the second half of 2026.
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