Investors are already valuing OpenAI at over $100B on the secondaries market

OpenAI is in talks to raise a new round of funding at an eye-popping $100 billion-plus valuation, sources told The Wall Street Journal this week.

It turns out investors have already proven they are willing to value the company that high to get on OpenAI’s coveted cap table. Multiple companies that track or facilitate secondaries deals — where investors buy shares from existing investors, not directly from the company — have seen investors pay prices that indicate an over $100 billion valuation…Read Full Article

Ken Anderson