After raising $1.3 billion last year, Inflection is pivoting to focus on business-to-business APIs, as Suleyman jumps to lead consumer AI at Microsoft.

“While no one predicted this specific outcome, we shouldn’t be surprised,” added the investor Benaich. “If antitrust regulators make [mergers and acquisitions] prohibitively difficult, we should expect these bizarre semi-exits to become more common.”

Shalakushka
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98M

In what fucking universe are mergers and acquisitions difficult my man

If your company’s secret sauce is that it employs a particular person, then your moat is whatever it takes to poach that person. If that person is willing to leave behind whatever intellectual property, un-vested equity, and relationships behind, then your company was never that valuable to begin with.

Kata1yst
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78M

Seriously. This guy thinks that regulators would have stepped in to stop OpenAI or Microsoft from acquiring a no-name 2 year old startup with two rounds of funding?

Please.

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