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this post was submitted on 10 Nov 2025
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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i don't know, maybe softbank counted on openai not being able to go for-profit (which is not IPO, so it's not like they got more transparent or anything). that deal was signed long time ago in bubble terms, and it went like this (or so i heard): first tranche was 10B from softbank + up ro 10B from other investors, they couldn't get all that money from other investors and that's why it was 18.5B and not 20B. that was some half year ago? even back then softbank didn't had the money and had to sell part of arm (iirc). now they had to supply the remaining 22.5B, idk if it's all softbank, or whether they would get out of that deal if they could, or whether they will continue pouring money there (we can assume all these dcs are vaporware) can openai find other suckers? possibly, but scaring away a reliable one would be bad for business