#Khosla Venture

[prcg]

A pesar de los riesgos, Vinod Khosla es optimista sobre la IA

Vinod Khosla no tiene dudas de que el futuro de la humanidad con la IA es brillante. El cofundador de Sun Microsystems convertido en destacado inversor predice que “la necesidad de trabajar desaparecerá” casi por completo gracias a la IA. “Casi toda la experiencia, no importa si se trata de médicos de atención primaria, terapeutas de salud mental, oncólogos, ingenieros estructurales o contadores;…

[msclaritea]

Some Prominent Silicon Valley Investors Shift to the Right (SHOCKER!) 🙄

- The New York Times

Some Prominent Silicon Valley Investors Shift to the Right

Marc Andreessen, Chamath Palihapitiya and several other tech venture capitalists are increasingly criticizing President Biden and making their disaffection known in an election year.

Credit...Barbara Gibson

By Erin Griffith

May 23, 2024, 5:02 a.m. ET

In 2021, David Sacks, a prominent venture capital investor and podcast host, said former President Donald J. Trump’s behavior around the Jan. 6 riot at the U.S. Capitol had disqualified him from being a future political candidate.

At a tech conference last week, Mr. Sacks said his view had changed.

“I have bigger disagreements with Biden than with Trump,” the investor said. Mr. Sacks said he and his podcast co-hosts were working on hosting a fund-raiser for Mr. Trump, which could include an interview for their “All In” show. They also extended an invitation to President Biden, he said, but the Trump camp was more open to it.

Such public support for Mr. Trump used to be taboo in Silicon Valley, which has long been seen as a liberal bastion. But frustration with Mr. Biden, Democrats and the state of the world has increasingly driven some of tech’s most prominent venture capitalists to the right.

Some investors, like Chamath Palihapitiya of Social Capital, backed Democrats in the past. (He is set to co-host the fund-raiser for Mr. Trump alongside Mr. Sacks.) Others, like Marc Andreessen of Andreessen Horowitz and Shaun Maguire of Sequoia Capital, have criticized Mr. Biden without expressing support for Mr. Trump. Still others, like Keith Rabois of Khosla Ventures, are focusing their efforts on electing Republicans to Congress.

The activity may amount to more noise than formal support or personal donations for Mr. Trump’s campaign. And it is by no means everyone. Much of Silicon Valley, including prominent donors like the investors Reid Hoffman and Vinod Khosla, remains loyal to Democrats. Peter Thiel, the investor who backed Mr. Trump in the past, has said he is disillusioned with politics and plans to stay out of the 2024 race.

Jacob Helberg, Vinod Khosla and Senator Todd Young are seated in blue armchairs on a stage, with U.S. flags behind them.

Jacob Helberg, left, an adviser to Palantir, spoke with the venture capitalist Vinod Khosla, center, and Senator Todd Young, Republican of Indiana, at a forum in Washington. Credit...Jason Andrew for The New York Times

But the tech investors who are leaning right are influential, with enormous followings on social media and lots of money — and they are becoming more politically engaged. That reflects how the start-up industry has grown — soaring eightfold between 2012 and 2022 to $344 billion, according to PitchBook, which tracks start-ups — with more of the industry’s issues turning political in nature.

“When I started, everybody cared about tax issues and immigration issues,” said Bobby Franklin, who has led the National Venture Capital Association, a trade group, since 2013. “Now it is so much more complex.”

Delian Asparouhov, an investor at Founders Fund, the investment firm founded by Mr. Thiel, recently marveled at how much the political winds had shifted. This month, Mr. Trump made a virtual appearance at a venture capital conference in Washington. There, he thanked attendees for “keeping your chin up” and said he looked forward to meeting them.

“Four years ago you had to issue an apology if you voted for him,” Mr. Asparouhov wrote on X.

Delian Asparouhov, an investor at Founders Fund, recently marveled at how much the political winds had shifted in tech.Credit...Jason Andrew for The New York Times

Mr. Sacks, Mr. Palihapitiya and Founders Fund did not respond to a request for comment. Sequoia Capital declined to comment.

The comments and activity by the group of tech investors are particularly noticeable given Silicon Valley’s blue background. The circle of Republican donors in the nation’s tech capital has long been limited to a few tech executives such as Scott McNealy, a founder of Sun Microsystems; Meg Whitman, a former chief executive of eBay; Carly Fiorina, a former chief executive of Hewlett-Packard; Larry Ellison, the executive chairman of Oracle; and Doug Leone, a former managing partner of Sequoia Capital.

But mostly, the tech industry cultivated close ties with Democrats. Al Gore, the former Democratic vice president, joined the venture capital firm Kleiner Perkins in 2007. Over the next decade, tech companies including Airbnb, Google, Uber and Apple eagerly hired former members of the Obama administration.

Mr. Thiel’s loud and enthusiastic support for Mr. Trump in 2016, which included a $1.25 million donation and a speech at the Republican National Convention, came as a shock. Even more surprising to some in the industry was the way that, after Mr. Trump won the election that year, the world seemed to blame tech companies for his victory. The resulting “techlash” against Facebook and others caused some industry leaders to reassess their political views, a trend that continued through the social and political turmoil of the pandemic.

During that time, Democrats moved further to the left and demonized successful people who made a lot of money, further alienating some tech leaders, said Bradley Tusk, a venture capital investor and political strategist who is a Democrat.

“If you keep telling someone over and over that they’re evil, they’re eventually not going to like that,” he said. “I see that in venture capital.”

That feeling has hardened under President Biden. Some investors said they were frustrated that his pick for chair of the Federal Trade Commission, Lina Khan, has aggressively moved to block acquisitions, one of the main ways venture capitalists make money. They said they were also unhappy that Mr. Biden’s pick for head of the Securities and Exchange Commission, Gary Gensler, had been hostile to cryptocurrency companies.

The start-up industry has also been in a downturn since 2022, with higher interest rates sending capital fleeing from risky bets and a dismal market for initial public offerings crimping opportunities for investors to cash in on their valuable investments.

Some also said they disliked Mr. Biden’s proposal in March to raise taxes, including a 25 percent “billionaire tax” on certain holdings that could include start-up stock, as well as a higher tax rate on profits from successful investments..."

WHICH IS EXACTLY WHAT WE NEED. THEY'RE WORRIED... ABOUT THEIR MONEY; ABOUT THEIR BILLIONS. America has been under relentless assault from SILICON VALLEY since it's inception. You saw the reports from Keri Kukral an SV whistleblower. The place was teeming with criminal behavior. Foreign money flowing in from foreign adversaries like China Russia India, etc. There were prostitution rings and access run rampant, as Main Street kept having everything stolen from it. Practically every Cryptocurrency company was engaged in illegal activities.

Perhaps Mr Thiel (who is very much NOT out of politics. He's a backer of NYC Eric Adams) should not have tried to crash our Banks and the Stock Market and allow me to find the article where some of these 'former liberals' including Thiel, used to wax on about wanting a Monarchy; about wanting to 'REPLACE GOVERNMENT ' With THEY'RE OWN VERSION. He is also close to the Fascist wing of the Catholic Church They're all full of shit. And I don't know how impressive Al Gore is with that WEF leash. Tech is/was working with the World Economic Forum to gain more control.

#VoteBlue #BidenHarris2024 because our country desperately needs to get some of these billionaires under control or they will NEVER leave us alone. I'll admit to not being happy about everything right now, but I'm smart and adult enough to know that right now, it's not about me. It's about saving this country from Silicon Valley.

#SanFrancisco #KhoslaVentures #SequoiaCapital #ToddYoung #JacobHelberg #Palantir #ScottMcNealy #SunMicrosystems; #MegWhitman #Ebay #CarlyFiorina #hewlettpackard #larryellison #Oracle #dougleone #airbnb #GooglePlay #uber #apple #Obama #LinaKhan #garygensler

[darshanan-blog]

Year ahead from BiotechShowcase & #Wuxi during JPM 2024

During the annual #JPM2024 healthcare conference week, by some accounts, 10,000 health technology professionals descended upon the city of San Francisco. Besides the flagship J. P. Morgan conference and #BiotechShowcase conference, there were numerous other conferences and events during the day and fancy and festive receptions during evening to late night hours. Broadly speaking, JP Morgan…

[collapsedsquid]

OpenAI’s other inverstors, which include Khosla Ventures, billionaire Reid Hoffman’s charitable foundation, Tiger Global, Andreesen Horowitz, Sequoia Capital, Thrive, and K2 Global have far less potential influence on the company. The same goes for the venture firms that were negotiating to invest in a new tender of existing shares that would have valued OpenAI at $86 billion. But they still have some leverage—mostly through OpenAI’s employees. Those employees want to be able to continue to offer to sell their profit participation shares (which function essentially as stock options since OpenAI is not thought to be currently profitable) to investors at high valuations that could make many of them extremely wealthy. With these investors threatening to pull out of the latest tender offer for those profit participation agreements, the employees will see their own financial prospects damaged. That may give many of them an incentive to leave OpenAI—or at least threaten to do so—unless Altman is reinstalled.

Was wondering what the compensation scheme was for openai employees that might be impacting their decisions, openai is not exactly a normal startup but then microsoft isn't either. Don't know how their wealth is going to be impacted by any of their possible decisions

[lastscenecom]

OpenAIの主要パートナーであるMicrosoftのCEOであるサティア・ナデラ氏は、伝えられるところによると、アルトマン氏の辞任をその「数分後」に知って「激怒」しており、OpenAIの支援者（特にTiger Global、Sequoia Capital、Thrive Capital) は、方向転換するよう取締役会に圧力をかけるために Microsoft の援助を求めています。 一方、OpenAIの主要なベンチャーキャピタル支援者の一部は取締役会に対する訴訟を検討していると言われている。Khosla VenturesとLinkedInの共同創設者で元OpenAI取締役のリード・ホフマン氏を含む誰も、アルトマン氏の解任決定について事前に通知されていなかった。

OpenAI の取締役会は投資家の���りに匹敵しない | テッククランチ

[bollywoodirect]

Remembering #Sadhana Shivdasani, one of the most incredible and graceful actresses of Hindi cinema, on her 82nd birth anniversary (02/09).

Sadhana was a prominent figure in Hindi cinema and is remembered as one of its most talented actresses. Known for her striking beauty and fashion-forward style, she earned the nickname "The Mystery Girl" due to her roles in a series of suspense thrillers directed by Raj Khosla in the mid-1960s.

Originally from Karachi, Sadhana moved to Bombay with her family at the age of 7, during the partition of India. She first appeared in an uncredited role in the film Shree 420 (1955) before being mentored by director Sashadhar Mukherjee. Her breakout role came in Love In Simla (1960), where her unique hairstyle became so popular it was dubbed the "Sadhana Cut." She continued to build her reputation as a leading lady in films such as Parakh (1960), Hum Dono (1961), Asli-Naqli (1962), Ek Musafir Ek Haseena (1962), Mere Mehboob (1963), Woh Kaun Thi? (1964), Arzoo (1965), Waqt (1965), Mera Saaya (1966), and Anita (1967).

In the late 1960s, Sadhana faced health challenges due to hyperthyroidism, prompting her to temporarily step away from acting. She traveled to Boston for medical treatment and made a comeback in 1969 with two successful films, Ek Phool Do Mali and Intaqam. In 1974, she ventured into directing with the crime thriller Geetaa Mera Naam, after which she gradually retreated from acting. Her last on-screen appearance was in Ulfat Ki Nayi Manzilein (1994). She was honored with the IIFA Lifetime Achievement Award in 2002.

Sadhana was married to R.K. Nayyar, the director of her film Love in Simla, on March 7, 1966. She was hospitalized at Hinduja Hospital on December 24, 2015, and passed away the following day.

[gazetadoleste]

Startup de robótica ganha investimentos de Jeff Bezos e OpenAI

A Physical Intelligence, startup de robótica com sede em São Francisco (EUA), levantou US$ 400 milhões (R$ 2,31 bilhões, na conversão direta) em nova rodada de financiamento, atingindo avaliação de US$ 2,4 bilhões (R$ 13,9 bilhões), conforme confirmado pela empresa à CNBC. Entre os investidores estão nomes notáveis, como Jeff Bezos, OpenAI, Thrive Capital e Lux Capital, além de Khosla Ventures e…

[bd442]

With Yunus at the helm, Bangladesh reaching its potential is in India's best interest

Indian news outlet – The Wire – in its recent article highlights how a successful Bangladesh, under Chief Adviser Professor Muhmmad Yunus, is more likely to be a strong ally of India than a failing one. Vinod Khosla, a businessman and venture capitalist, wrote the opinion released in The Wire on 27 October. Following is the full text of the full article. As a proud American and son of India, I…

[eshragcom]

ينتقد فينود خوسلا "قيم ترامب المنحرفة" ودور ماسك في نشر المعلومات المضللة

اشراق العالم 24 متابعات تقنية: نقدم لكم في اشراق العالم 24 خبر بعنوان “ينتقد فينود خوسلا “قيم ترامب المنحرفة” ودور ماسك في نشر المعلومات المضللة ” نترككم مع محتوى الخبر انحرف المستثمر الشهير فينود خوسلا، المؤسس والشريك في شركة Khosla Ventures، ومؤخرًا أحد أوائل عمليات التحقق من OpenAI، عن الموضوع خلال مقابلة يوم الاثنين في TechCrunch Disrupt 2024 ركزت على مستقبل الذكاء الاصطناعي. وبعد الحديث عن…

[prcg]

Cómo los drones de Paladin ayudaron a Asheville durante el huracán Helene

Cuando el huracán Helene azotó Asheville, Carolina del Norte, en septiembre, el departamento de policía de la ciudad pidió ayuda a Paladin, una startup de drones de seguridad pública. El equipo de 30 miembros de la startup entró en acción trabajando por las noches y durante el fin de semana para ayudar al departamento de policía de Asheville a localizar personas y entregar suministros. Asheville…

[hindustanmorning]

Healthify raises Rs 378 crore in new finance to support US expansion and AI integration.

Healthify (previously HealthifyMe) has closed a fundraising round worth over Rs 378 crore, headed by current investors Khosla Ventures and LeapFrog Investments, with fresh participation from Claypond Capital. The start-up stated that this funding comes at a critical time as it accelerates its global expansion, with a particular emphasis on accessing the US market and developing its…

[sa7abnews]

Exclusive: Legal tech startup Genie AI just raised $17.8 million from Google and Khosla Ventures using this 13-slide deck

New Post has been published on Sa7ab News

Exclusive: Legal tech startup Genie AI just raised $17.8 million from Google and Khosla Ventures using this 13-slide deck

Genie AI has developed an editing platform that uses AI to draft and review legal documents for companies.

... read more !

[douxlen]

Exclusive: Legal tech startup Genie AI just raised $17.8 million from Google and Khosla Ventures using this 13-slide deck

New Post has been published on Douxle News

Exclusive: Legal tech startup Genie AI just raised $17.8 million from Google and Khosla Ventures using this 13-slide deck

Genie AI has developed an editing platform that uses AI to draft and review legal documents for companies.

... read more !

[anarchywoofwoof]

uhhhhhhhh yeah.... about that.....

Vice President Kamala Harris' decision to distance herself from the FTC's populist chair could cost her with progressives, an economics professor warned Thursday. Politico noted that Harris has kept Federal Trade Commission Chair Lina Khan at "arm's length" as Khan pushes an antitrust agenda, much to the chagrin of major Silicon Valley donors. Among her initiatives: Khan has taken an aggressive approach to antitrust enforcement, targeting tech giants such as Amazon, Meta and Microsoft. While some Democrats in close races have cozied up to Khan to churn out the base, Harris has, so far, avoided appearing publicly with Khan. That, warned economist Hal Singer of the University of Utah, is a mistake. “When she won’t defend Biden’s record on antitrust, or defend Khan against the attacks by the billionaire donors — guys like Reid Hoffman, who’ve basically been calling for Khan’s head — it kind of zaps the life out of the progressive base,” Singer told Politico. “She’s basically performing malpractice,” he added.

LinkedIn (MSFT) co-founder Reid Hoffman in July said Khan is “a person who is not helping America,” adding that “antitrust is fine” but that “waging war is not.” IAC (IAC) Chairman Barry Diller has said he would lobby a Harris administration to drop Khan and called her a “dope,” for which he later apologized. Both men are facing multiple investigations from the FTC related to their companies. The inquiries into Hoffman extend to LinkedIn, Microsoft, and OpenAI, Bloomberg News reported as part of a lengthy profile of Khan. An IAC subsidiary agreed to pay $8.5 million to settle claims it deceived workers; the company, Care.com, did not admit wrongdoing. Hoffman and Diller are joined in their dislike of Khan by billionaire investor Mark Cuban, who has become a major Harris supporter and advocate, and Khosla Ventures founder Vinod Khosla. “She’s not a rational human being,” Khosla said at a conference in June. “She doesn’t understand business; she shouldn’t be in that role.”

listen, i'm not saying that it's a lock that Kamala gets rid of Lina Khan. but there are three extremely important billionaire class donors who are literally pumping millions upon millions of dollars into her campaign in exchange for favorable policy that want her to get rid of Lina Khan and will likely revolt if she doesn't.

i'm just saying that suggesting people get their hopes up about this when Kamala won't even campaign with Lina Khan or defend her from any attacks is probably leading people to turn around and call you a liar and a shill later if she is removed. just saying. i know people get mad when leftists try to portray both sides, but not doing so is how people become very jaded later on.

you should probably focus your efforts on pressuring Kamala to commit to Lina Khan instead. because there is one candidate in the race who, unfortunately, has expressed their appreciation for Lina Khan. and it's kind of unacceptable to let them outflank you like this.

The U.S. Justice Department has filed an antitrust lawsuit against Visa, alleging that the financial services behemoth uses its size and dominance to stifle competition in the debit card market, costing consumers and businesses billions of dollars. The complaint filed Tuesday says San Francisco-based Visa penalizes merchants and banks who don’t use Visa’s own payment processing technology to process debit transactions, even though alternatives exist. Visa earns an incremental fee from every transaction processed on its network. According to the DOJ’s complaint, 60% of debit transactions in the United States run on Visa’s debit network, allowing it to charge over $7 billion in fees each year for processing those transactions. “We allege that Visa has unlawfully amassed the power to extract fees that far exceed what it could charge in a competitive market,” said Attorney General Merrick B. Garland in a statement. “Merchants and banks pass along those costs to consumers, either by raising prices or reducing quality or service. As a result, Visa’s unlawful conduct affects not just the price of one thing – but the price of nearly everything.”

[news365timesindia]

[ad_1] As the 2024 presidential race draws near, billionaires across the country are now taking sides, providing significant financial backing to either Vice President Kamala Harris or former President Donald Trump. While some, like Elon Musk, are vocal about their support, others, such as Warren Buffett and Mark Zuckerberg, are opting to stay on the sidelines, despite rumours and speculation about their political leanings. According to a report by Forbes, 76 billionaires are backing Kamala Harris, while 49 billionaires are supporting Donald Trump. Many more billionaires may still commit to a candidate, but their contributions won’t be made public until after the election when the final Federal Election Commission reports are released in December. Among the 76 billionaires supporting Kamala Harris, 28 have donated $1 million. Harris Supporters  Among the 76 billionaires supporting Harris, 28 have donated $1 million or more to groups backing her. Here are some notable names: Michael Bloomberg (Former New York mayor, Bloomberg) Arthur Blank (Atlanta Falcons) Reid Hoffman (LinkedIn) Vinod Khosla (Khosla Ventures) Dustin Moskovitz (Facebook) Steven Spielberg (Hollywood director) In addition, 36 billionaires contributed between $50,000 and $999,999. Some of these include: Tory Burch (Fashion designer) Reed Hastings (Netflix) Chris Larsen (Ripple) Laurene Powell Jobs (Apple) Further, Melinda French Gates, Joe Gebbia (Airbnb), and several other prominent figures have financially backed the Democratic Presidential candidate. High-profile individuals such as Mark Cuban and Magic Johnson signed an open letter endorsing her. Trump Supporters  Trump, who has positioned himself as a champion of the ultra-wealthy and working-class alike, has garnered significant backing from 49 billionaires. Notable supporters include: Miriam Adelson (Las Vegas Sands Corp.) Don Ahern (Las Vegas construction) Diane Hendricks (ABC Supply) Linda McMahon (WWE) Steve Wynn (Wynn Resorts) Another 16 billionaires have contributed between $50,000 and $999,999, including: Tilman Fertitta (Houston Rockets) John Paulson (Paulson & Co.) Thomas Siebel (Siebel Systems) Trump’s supporters also include tech magnate Elon Musk, who has actively stumped for him, appearing at a rally and offering incentives to swing state voters through his political action committee. [ad_2] Source link