Startup Year One – Charm

Microsoft CEO Satya Nadella says Bill Gates told him his big bet on OpenAI would be a flop: ‘Yeah, you’re going to burn this billion dollars’

OpenAI is now the world’s most valuable private company, but when Microsoft originally invested $1 billion in the startup in 2019, it was less than a sure bet. Microsoft CEO Satya Nadella faced pushback even from the company’s cofounder and original CEO Bill Gates, he recalled during an interview on tech-focused YouTube channel TPBN. “Remember…

Strava CEO says the $2 billion unicorn plans to go public ‘at some point’ as marathon-obsessed Gen Z swaps dating apps for run clubs

Cs news5 months ago05 mins

Strava, an exercise-tracking app last valued at $2.2 billion, is benefiting from Gen Z’s obsession with run clubs and marathons and is looking toward a future IPO, according to its CEO. Michael Martin, who took over as CEO in 2024 from Strava cofounder Michael Horvath, told the Financial Times the company has the “intention to…