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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Who won and who lost in the OpenAI deal
Jason and Rory outline winners—Microsoft, the charitable foundation, employees—and discuss Elon Musk and dissenters as perceived losers.
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Transcript
