Josh Wolfe@wolfejoshSome big news today! 🚀 Lux's 9th + largest fund, $1.5B closed (3 months after launching) + is ready to deploy into the most ambitious founders + ventures @ cutting-edge of science + tech in aersopace, defense, biotech, automation, robotics and more... t.coOpens with an observation
Josh Wolfe@wolfejosh1/ Microsoft's $135B stake in OpenAI just got diluted from 32.5% to 27%, BUT they extracted guaranteed $250B Azure contract in return. MSFT swapped equity upside for locked-in platform revenue + extended IP rights through 2032Opens with a number
Josh Wolfe@wolfejosh1/🚨Palo Alto Networks (PANW) today revealed acquisition of Lux family co @chronosphereio for $3.35 billion in cash Chronosphere’s data observability platform is built to scale for the AI era the founders worked in our Lux NYC office + we funded Chronosphere’s Series A in 2019!Opens with an observation