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OpenAI valuation surpasses every VC-backed IPO

October 2, 2024 Robert Harrington

OpenAI wrapped up its $6.6 billion financing at a $157 billion valuation—a remarkable achievement that raises the stakes for CEO and founder Sam Altman to build on the lofty price tag for an eventual IPO.

The San Francisco-based company is now worth far more than any VC-backed company at the time of their IPO—including Meta, Uber, Rivian and Coinbase, according to an analysis of PitchBook data. READ MORE

← NATO takes the plunge into the world of venture capital The pertinence of VC secondaries →
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