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Why OpenAI’s $228b deal has a bubble-like feel

The ChatGPT creator’s record-breaking fundraising deal reunites a cast of investors who helped to spark the tech bubble of 2019 to 2022. Have the lessons been learnt?

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He’s baaaaaack.

Adam Neumann, founder of the failed co-working start-up WeWork and the subject of the brilliant Apple TV+ drama WeCrashed, is returning with another co-working venture.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/chanticleer/ghosts-of-the-venture-capital-bubble-haunt-openai-s-229b-moment-20241003-p5kfm8