đź“ť Musk bid to buy OpenAI Rejected

Author

Liam Gill
February 17, 2025

In partnership with

News of the Day

Elon Musk’s $97.4 billion bid to acquire OpenAI’s nonprofit governing entity has been unanimously rejected by OpenAI’s board, which dismissed the offer as an attempt to “disrupt his competition.” Musk, who co-founded OpenAI but later sued it for alleged fraud and anticompetitive behaviour, claims his bid aims to preserve the company’s original nonprofit mission and halt its transition to a for-profit structure. OpenAI, in the midst of restructuring into a public benefit corporation, views Musk’s move as a strategic attack on a rival. The dispute has fueled public barbs, with Musk’s allies accusing CEO Sam Altman of betraying OpenAI’s founding principles, while Altman frames Musk’s efforts as stemming from insecurity.

If you have tweets you want to submit to be featured here (from you or someone you like), reply to this email with a link!

This tech company grew 32,481%...

No, it's not Nvidia... It's Mode Mobile, 2023’s fastest-growing software company according to Deloitte.

Just as Uber turned vehicles into income-generating assets, Mode is turning smartphones into an easy passive income source, already helping 45M+ users earn $325M+ through simple, everyday use.

They’ve just been granted their stock ticker by the Nasdaq, and you can still invest in their pre-IPO offering at just $0.26/share.

*Mode Mobile recently received their ticker reservation with Nasdaq ($MODE), indicating an intent to IPO in the next 24 months. An intent to IPO is no guarantee that an actual IPO will occur.
*The Deloitte rankings are based on submitted applications and public company database research, with winners selected based on their fiscal-year revenue growth percentage over a three-year period.
*Please read the offering circular and related risks at invest.modemobile.com.

Chart of the Day

Remember the days of paper lists and mall marathons?

Now it's Amazon Prime time. While free shipping and exclusive shows are a given, these 10 hidden perks can enhance your membership in unexpected ways.

Are you looking to grow your business? Here is how I can help:

📱Book a Strategy Call to get 1:1 feedback on your pitch, pitch deck and/or fundraising strategy. (If you need general startup advice, then reply to this email, and I’ll let you know if/how I can help.)

Onwards and Upwards,