http://rgsystems.gr/?fat=sites/alexkonrad/ en-us https://specials-images.forbesimg.comhttps://www.forbes.com/imageserve/5fcde05f787bcc1faa447956/400x0.jpg?cropX1=0&cropX2=1080&cropY1=0&cropY2=1080 http://rgsystems.gr/?fat=sites/alexkonrad/ Alex Konrad's stories. Copyright 2024 Forbes Media LLC http://rgsystems.gr/?fat=sites/alexkonrad/2024/05/06/saga-ventures-raises-125-million-to-invest-outside-silicon-valley-hype/ Max Altman, a former investor with brothers Sam and Jack, and cofounders Ben Braverman and Thomson Nguyen look to back startups for non-techies. Alex Konrad, Forbes Staff Alex Konrad, Forbes Staff http://rgsystems.gr/?fat=sites/alexkonrad/ content_6638fdba46edba7cbc0691a3 Mon, 06 May 2024 12:05:54 -0400 2024-05-09T11:19:11-04:00 Max Altman, a former investor with brothers Sam and Jack, and cofounders Ben Braverman and Thomson Nguyen look to back startups for non-techies. Saga Ventures Venture Capital /venture-capital Innovation /innovation Venture Capital /venture-capital Enterprise Tech /enterprise-tech Premium Content premiumcontent Editors' Pick editors-pick Daily Cover daily-cover technology premium http://rgsystems.gr/?fat=sites/alexkonrad/2024/04/25/rubriks-56-billion-ipo-is-latest-win-for-the-iit-mafia-a-group-of-indian-engineers-turned-ceos/ A group of Indian immigrant friends have started some of Silicon Valley’s top enterprise startups, including Nutanix, Glean and Rubrik, which went public on Thursday. Alex Konrad, Forbes Staff Alex Konrad, Forbes Staff http://rgsystems.gr/?fat=sites/alexkonrad/ content_6622b8d45c347e2f23c2abe6 Thu, 25 Apr 2024 10:19:37 -0400 2024-04-25T12:05:04-04:00 A group of Indian immigrant friends have started some of Silicon Valley’s top enterprise startups, including Nutanix, Glean and Rubrik, which went public on Thursday. Hero Image Illustration by Stephanie Cui for Forbes Venture Capital /venture-capital Innovation /innovation Venture Capital /venture-capital Enterprise Tech /enterprise-tech Cloud /cloud Big Data /big-data Daily Cover daily-cover Editors' Pick editors-pick Premium Content premiumcontent technology premium http://rgsystems.gr/?fat=sites/alexkonrad/2024/04/08/openai-made-sam-altman-famous-his-investments-made-him-a-billionaire/ CEO Sam Altman famously has no equity in OpenAI, but startup bets like Reddit, Stripe and Helion have made him a billionaire anyway, a Forbes investigation found. Alex Konrad, Forbes Staff Alex Konrad, Forbes Staff http://rgsystems.gr/?fat=sites/alexkonrad/ content_660ef703da680a490902604b Mon, 08 Apr 2024 06:30:00 -0400 2024-04-08T19:14:15-04:00 CEO Sam Altman famously has no equity in OpenAI, but startup bets like Reddit, Stripe and Helion have made him a billionaire anyway, a Forbes investigation found. Hero Image Justin Sullivan/Getty Images Hero Image Mobile Justin Sullivan/Getty Images Venture Capital /venture-capital Innovation /innovation Venture Capital /venture-capital Billionaires /worlds-billionaires AI /ai Daily Cover daily-cover Editors' Pick editors-pick Premium Content premiumcontent technology premium http://rgsystems.gr/?fat=sites/alexkonrad/2024/03/22/y-combinator-is-raising-billions-in-new-funding/ Storied startup accelerator Y Combinator is targeting at least $2 billion, sources told Forbes, in its first major fundraising effort under Garry Tan. Alex Konrad, Forbes Staff Alex Konrad, Forbes Staff http://rgsystems.gr/?fat=sites/alexkonrad/ content_65fc8a1c691dbb0adedfd5e5 Fri, 22 Mar 2024 07:00:00 -0400 2024-03-27T16:04:32-04:00 Storied startup accelerator Y Combinator is targeting at least $2 billion, sources told Forbes, in its first major fundraising effort under Garry Tan. Y Combinator Venture Capital /venture-capital Innovation /innovation Venture Capital /venture-capital Consumer Tech /consumer-tech Enterprise Tech /enterprise-tech Editors' Pick editors-pick Premium Content premiumcontent technology premium http://rgsystems.gr/?fat=sites/alexkonrad/2024/03/19/inflection-abandons-chatgpt-challenger-ceo-suleyman-joins-microsoft/ After raising $1.3 billion last year, Inflection is pivoting to focus on business-to-business APIs, as Suleyman jumps to lead consumer AI at Microsoft. Alex Konrad, Forbes Staff Alex Konrad, Forbes Staff http://rgsystems.gr/?fat=sites/alexkonrad/ content_65f9c0e5b3cdd86271eaa1e5 Tue, 19 Mar 2024 13:53:24 -0400 2024-03-20T04:08:27-04:00 After raising $1.3 billion last year, Inflection is pivoting to focus on business-to-business APIs, as Suleyman jumps to lead consumer AI at Microsoft. Getty Images Venture Capital /venture-capital Innovation /innovation Venture Capital /venture-capital AI /ai Enterprise Tech /enterprise-tech Consumer Tech /consumer-tech Editors' Pick editors-pick Premium Content premiumcontent technology premium http://rgsystems.gr/?fat=sites/alexkonrad/2024/03/14/westbound-raises-100-million-for-underrepresented-founders/ Sean Mendy’s venture firm, previously called Concrete Rose, quadrupled its fund size to $100 million due to a portfolio including fintech Esusu and AI startup Sierra. Alex Konrad, Forbes Staff Alex Konrad, Forbes Staff http://rgsystems.gr/?fat=sites/alexkonrad/ content_65f31cf3ea28a87467b6317a Thu, 14 Mar 2024 12:02:29 -0400 2024-03-18T00:12:22-04:00 Sean Mendy’s venture firm, previously called Concrete Rose, quadrupled its fund size to $100 million due to a portfolio including fintech Esusu and AI startup Sierra. Karen Santos / Westbound Venture Capital /venture-capital Innovation /innovation Venture Capital /venture-capital Small Business /small-business Entrepreneurs /entrepreneurs Leadership /leadership ForbesBLK /blk-leadership Premium Content premiumcontent Editors' Pick editors-pick technology premium http://rgsystems.gr/?fat=sites/alexkonrad/2024/03/08/inside-garry-tan-plan-restore-y-combinator-silicon-valley-glory/ Former venture capitalist Garry Tan has slashed programs and turned up the mics in a bid to restore the famed accelerator behind Airbnb and Stripe to its full glory. Alex Konrad, Forbes Staff Alex Konrad, Forbes Staff http://rgsystems.gr/?fat=sites/alexkonrad/ content_65e0ac97cd9e32065853bbf7 Fri, 08 Mar 2024 06:30:00 -0500 2024-03-12T12:27:29-04:00 Former venture capitalist Garry Tan has slashed programs and turned up the mics in a bid to restore the famed accelerator behind Airbnb and Stripe to its full glory. Hero Image Philip Pacheco/Bloomberg Venture Capital /venture-capital Innovation /innovation Venture Capital /venture-capital Small Business /small-business Entrepreneurs /entrepreneurs Consumer Tech /consumer-tech Enterprise Tech /enterprise-tech Daily Cover daily-cover Editors' Pick editors-pick Premium Content premiumcontent technology premium http://rgsystems.gr/?fat=sites/alexkonrad/2024/03/04/anthropic-releases-claude-3-claims-beat-openai/ Cofounders Dario and Daniela Amodei told Forbes Anthropic’s new enterprise-focused model, released Monday, outperforms rivals GPT-4 and Google’s Gemini 1.0 Ultra. Alex Konrad, Forbes Staff Alex Konrad, Forbes Staff http://rgsystems.gr/?fat=sites/alexkonrad/ content_65e52a0651a29700181a5159 Mon, 04 Mar 2024 09:01:39 -0500 2024-05-09T12:24:37-04:00 Cofounders Dario and Daniela Amodei told Forbes Anthropic’s new enterprise-focused model, released Monday, outperforms rivals GPT-4 and Google’s Gemini 1.0 Ultra. Anthropic Venture Capital /venture-capital Innovation /innovation Venture Capital /venture-capital AI /ai Enterprise Tech /enterprise-tech Premium Content premiumcontent Editors' Pick editors-pick technology premium http://rgsystems.gr/?fat=sites/alexkonrad/2024/02/15/open-source-ai-startup-langchain-launches-langsmith/ CEO Harrison Chase confirmed a $20 million funding round led by Sequoia and said his one-year-old startup already had a waitlist of 80,000 for its new tools. Alex Konrad, Forbes Staff Alex Konrad, Forbes Staff http://rgsystems.gr/?fat=sites/alexkonrad/ content_65ce1fa4dfb5e601c55524ad Thu, 15 Feb 2024 11:00:53 -0500 2024-02-20T12:12:04-05:00 CEO Harrison Chase confirmed a $20 million funding round led by Sequoia and said his one-year-old startup already had a waitlist of 80,000 for its new tools. LangChain Venture Capital /venture-capital Innovation /innovation Venture Capital /venture-capital Premium Content premiumcontent Editors' Pick editors-pick technology premium http://rgsystems.gr/?fat=sites/alexkonrad/2024/02/13/meter-raises-35-million-sam-altman-lachy-groom/ Internet startup Meter, led by brothers Anil and Sunil Varanasi, has raised $35 million at a valuation of more than $350 million to bring networking into the AI age. Alex Konrad, Forbes Staff Alex Konrad, Forbes Staff http://rgsystems.gr/?fat=sites/alexkonrad/ content_65cb954a65dcbc7409b9c9f4 Tue, 13 Feb 2024 12:00:09 -0500 2024-05-09T12:24:37-04:00 Internet startup Meter, led by brothers Anil and Sunil Varanasi, has raised $35 million at a valuation of more than $350 million to bring networking into the AI age. Meter Venture Capital /venture-capital Innovation /innovation Venture Capital /venture-capital Enterprise Tech /enterprise-tech Cloud /cloud Premium Content premiumcontent Editors' Pick editors-pick technology premium http://rgsystems.gr/?fat=sites/alexkonrad/2024/02/07/pivotal-founder-new-startup-ai-mainframes-cloud/ Mechanical Orchard has raised $24 million from Emergence Capital at a $95 million valuation after reaching $10 million in revenue and profitability in just over a year. Alex Konrad, Forbes Staff Alex Konrad, Forbes Staff http://rgsystems.gr/?fat=sites/alexkonrad/ content_65c3b6dc585ce0058c80b414 Wed, 07 Feb 2024 12:07:13 -0500 2024-02-19T01:45:23-05:00 Mechanical Orchard has raised $24 million from Emergence Capital at a $95 million valuation after reaching $10 million in revenue and profitability in just over a year. Mechanical Orchard Venture Capital /venture-capital Innovation /innovation Venture Capital /venture-capital Enterprise Tech /enterprise-tech Cloud /cloud Premium Content premiumcontent technology premium http://rgsystems.gr/?fat=sites/alexkonrad/2023/12/11/armada-edge-computing-ai-spacex-starlink/ Armada raised $55 million, reaching a valuation close to $250 million, in one year under CEO Dan Wright. The startup has a "close collaboration" with Elon Musk’s SpaceX. Alex Konrad, Forbes Staff Alex Konrad, Forbes Staff http://rgsystems.gr/?fat=sites/alexkonrad/ content_65773a6673e5561ab82fca53 Mon, 11 Dec 2023 12:00:51 -0500 2024-05-09T12:24:34-04:00 Armada raised $55 million, reaching a valuation close to $250 million, in one year under CEO Dan Wright. The startup has a "close collaboration" with Elon Musk’s SpaceX. Armada Venture Capital /venture-capital Innovation /innovation Venture Capital /venture-capital AI /ai Big Data /big-data Enterprise Tech /enterprise-tech Business /business Aerospace & Defense /aerospace-defense Editors' Pick editors-pick technology premium http://rgsystems.gr/?fat=sites/alexkonrad/2023/11/28/30-under-30-venture-capital-meet-the-funders-and-founders-focused-on-healthcare-tech-and-venture-equity/ From dealmakers at big funds to founding partners of new firms and industry-changing non-profits, these young leaders are helping to shape the future of venture capital. Alex Konrad, Forbes Staff Alex Konrad, Forbes Staff http://rgsystems.gr/?fat=sites/alexkonrad/ content_6515bfeee08c1c18901d7921 Tue, 28 Nov 2023 06:15:00 -0500 2024-04-29T17:55:39-04:00 From dealmakers at big funds to founding partners of new firms and industry-changing non-profits, these young leaders are helping to shape the future of venture capital. Hero Image Tim Tadder for Forbes Venture Capital /venture-capital Innovation /innovation Venture Capital /venture-capital technology premium http://rgsystems.gr/?fat=sites/alexkonrad/2023/11/22/inflection-ai-releases-2nd-model-on-gpt-4-heels/ Called Inflection-2, the model performed better than Google’s PaLM Large 2 model previously announced in May on a number of standard benchmarks, Inflection said, while... Alex Konrad, Forbes Staff Alex Konrad, Forbes Staff http://rgsystems.gr/?fat=sites/alexkonrad/ content_655e1670cf28df47078c257b Wed, 22 Nov 2023 09:58:30 -0500 2024-05-09T12:24:37-04:00 Called Inflection-2, the model performed better than Google’s PaLM Large 2 model previously announced in May on a number of standard benchmarks, Inflection said, while... Inflection AI Venture Capital /venture-capital Innovation /innovation Venture Capital /venture-capital AI /ai Editors' Pick editors-pick technology premium http://rgsystems.gr/?fat=sites/alexkonrad/2023/11/20/90-of-openai-employees-threatened-to-resign-visa-holders-face-a-higher-risk/ A collective action by 740-plus OpenAI employees to demand the board’s resignation or see them quit has foreign visa holders putting their residence status in jeopardy. Alex Konrad, Forbes Staff Alex Konrad, Forbes Staff http://rgsystems.gr/?fat=sites/alexkonrad/ content_655bd134c0407223303c2c63 Mon, 20 Nov 2023 16:45:19 -0500 2024-05-08T14:07:20-04:00 A collective action by 740-plus OpenAI employees to demand the board’s resignation or see them quit has foreign visa holders putting their residence status in jeopardy. NurPhoto via Getty Images Venture Capital /venture-capital Innovation /innovation Venture Capital /venture-capital AI /ai Editors' Pick editors-pick technology premium http://rgsystems.gr/?fat=sites/alexkonrad/2023/11/20/sam-altman-will-not-return-as-ceo-of-openai/ Former Twitch CEO Emmett Shear has been tapped by the board instead, ending a weekend-long saga in which loyalists to Altman had pushed for a shock return. Alex Konrad, Forbes Staff Alex Konrad, Forbes Staff http://rgsystems.gr/?fat=sites/alexkonrad/ content_655957cd9966b7602f06b201 Mon, 20 Nov 2023 00:17:20 -0500 2024-05-09T12:24:18-04:00 Former Twitch CEO Emmett Shear has been tapped by the board instead, ending a weekend-long saga in which loyalists to Altman had pushed for a shock return. Getty Images Venture Capital /venture-capital Innovation /innovation Venture Capital /venture-capital AI /ai Editors' Pick editors-pick technology premium http://rgsystems.gr/?fat=sites/alexkonrad/2022/05/26/stripe-exclusive-interview-collison-brothers-95-billion-plan-to-stay-on-top/ Billionaire brothers John and Patrick Collison built Stripe into one of the world’s most-hyped, highest valued — and profitable! — startups, worth some $95 billion. Now they must stave off going from disruptor to disrupted. Alex Konrad, Forbes Staff Alex Konrad, Forbes Staff http://rgsystems.gr/?fat=sites/alexkonrad/ content_628e54f823c37f0001f8943d Thu, 26 May 2022 06:30:00 -0400 2024-03-07T00:20:14-05:00 Billionaire brothers John and Patrick Collison built Stripe into one of the world’s most-hyped, highest valued — and profitable! — startups, worth some $95 billion. Now they must stave off going from disruptor to disrupted. 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