OpenAI is set to close a $40Bn SoftBank-led round at a $300B valuation. This raise would cause OpenAI to leapfrog private AI peers, returning 245% and 145% respectively since the start of 2024. Following CoreWeave’s flat #IPO debut, AI leaders such as OpenAI and Perplexity continue to signal a desire to #stayprivatelonger. Learn more about how Forge Data can empower your investment decisions at https://lnkd.in/ggVqxpbU #ForgeGlobal #privatemarket #OpenAI #fintech
Founder at HEALEY PRE-IPO | I connect buyers & sellers of private tech stocks | Former Portfolio Manager at Destiny (NYSE:DXYZ)
1wOpenAI has been a relatively high demand company, but very nuanced in some ways. For example, they are planning to shift from Non-Profit to For-Profit and historically have been issuing non-traditional security types. OpenAI is a really interesting case in Pre-IPO trading, and requires a bespoke diligence process!