Venture capitalist Vinod Khosla revealed how Elon Musk‘s funding withdrawal from OpenAI created the investment opportunity that led to his conviction bet on the artificial intelligence startup, according to his recent appearance on the Uncapped podcast with Jack Altman.
What Happened: Khosla, founder of Khosla Ventures, described his OpenAI investment as “more than twice the largest initial investment I’d made in four years of venture capital,” emphasizing it was a conviction play based on fundamental analysis rather than “herd mentality.”
