Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation. | TechCrunch
AI is expensive, Ali Ghodsi tells TechCrunch. With so many investors wanting into his latest round, he said yes to more than planned.
There’s a funny kind of game that the latest of late-stage startups must play when raising money. They often have to sell more shares than they want or risk offending some of their existing VCs. Thi… [+4167 chars]