OpenAI Startup Fund raises $44M in its largest SPV yet
The OpenAI Startup Fund, the early-stage AI investor affiliated with OpenAI, recently disclosed in a financial filing that it has raised over $44 million for its fifth Special Purpose Vehicle…
Alpha Partners raises $153M third fund for pro-rata investments
Steve Brotman started Alpha Partners in 2014 with a novel idea at the time: investing alongside early-stage VCs to help preserve their ownership in promising companies as they transition to…
VCs are selling shares of hot AI companies like Anthropic and xAI to small investors in a wild SPV market
VCs are clamoring to invest in hot AI companies, willing to pay exorbitant share prices for coveted spots on their cap tables. Even so, most aren’t able to get into…