2026-10-19 21:01 UTC
CoreWeave founders cash out — the rest is mop-up
A successfully concluded blowoff
www.youtube.com/watch?v=s1D5LXlAPE0&list=UU9rJrMV… - video
…libsyn.com/20261019-coreweave-founders-cash-out-… - podcast
time: 5 min 13 sec
Replies (3)
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@TropicalDingdong@lemmy.world 2026-10-19 21:39
I forget what coreweave was.
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@sem@piefed.blahaj.zone 2026-10-19 23:17
Three of the founders of AI hosting company CoreWeave — Brannin McBee, Michael Intrator, and Brian Venturo — just announced yet another planned sale of CoreWeave stock, totalling over a billion dollars’ stock sales for each since the company went public. This means that whatever happens with CoreWeave and the AI bubble … they’ve got theirs. [*Bloomberg, archive*] CoreWeave has never been a solid business. It spent the past three years piling debts on debts, because this was the AI revolution! This is the future! […]
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@FearfulSalad@ttrpg.network 2026-10-20 02:08
Ed’s I Told Ya So is going to be deafening this week