20VC: a16z Raises $10BN in New Funds | Mercor Raises $350M at a $10BN Valuation | OpenAI Restructuring: Who Wins and Who Loses | Why IRR is a BS Metric and Three Ways to Win in VC Today
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
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OpenAI restructuring and what's changed
Rory explains OpenAI's restructuring, the new corporate form, and approval by Delaware and California AGs enabling fundraising and an IPO path.
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Transcript
