Co-founder of Stability AI, worth billions, says he was tricked into selling stake for $100
https://www.semafor.com/article/07/13/2023/stability-ai-co-founder-says-he-was-tricked-into-selling-stake-for-100Open linkView original on lemmy.worldSyndicated from the fediverse. Read and engage on the original instance.
View original on lemmy.worldhttps://www.semafor.com/article/07/13/2023/stability-ai-co-founder-says-he-was-tricked-into-selling-stake-for-100Open linkView original on lemmy.world
4 replies
I can’t figure out, why you would ever accept such an low offer. $100 for something worth potentially more sounds ridiculous. How much did he need the money? 😅
Am I missing something?
It is ridiculous, but according the article the CEO hid stable diffusion from him and told him the company was failing.
It all sounds very far fetched to be honest. There will either be a very hush hush settlement or a very public trial. And
Yeah makes 0 sense. I would just ride to the death instead of $100