Lightspeed Reshapes Itself After Missing Early AI Dividends, Now Poised to Harvest Returns from Anthropic
Lightspeed Venture Partners missed out on early AI companies like OpenAI, ElevenLabs, and Hugging Face. In April 2023, co-managing partners Ravi Mhatre and Bejul Somaia cleared their global partners' schedules for a seven-hour meeting to discuss how to truly act if AI would change everything. Today, this venture capital firm stands to reap rewards from its investment in Anthropic.
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