Timicoding @Timicoding
I love building products timilehin-olowu.xyz Lagos, Nigeria Joined April 2023-
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Anthropic is worth $965 billion. Each of its seven co-founders owns about 1.6% of it. OpenAI is worth $852 billion. Sam Altman owns none of it. DeepSeek is worth $50 billion. Liang Wenfeng owns about 78% of it. Now guess who Bloomberg just named the richest founder in AI. It's Liang. $36 billion, up from $16.7 billion a few weeks ago. He built the smallest company on that list. Nineteen times smaller than Anthropic. And he walked out the richest man in the room. The difference is not talent neither is it even the technology. It's the cap table. DeepSeek didn't take a dollar of outside money for years. It ran on the profits of High-Flyer, the hedge fund Liang already owned. So when he finally raised $7.4 billion in June, he wasn't begging. He was picking. Look at the terms he set: Investors had to park their money in a partnership he personally controls. Five-year lock-up. No voting rights. They still lined up. That is what "I don't need your money" buys you. Two things worth taking from this: 1. Size is what people clap for. Ownership is what you eat. You can build something enormous and own a crumb of it. Or build something modest and own most of it. The second man goes home richer. 2. Leverage isn't what you ask for. It's what you don't need. Liang could dictate terms because he had his own money first. That's the whole game, whether you're raising $7 billion or negotiating a salary. So the real question isn't how big the thing you're building is. It's what percentage of it is yours. And if the answer is zero, that might still be the right room to be in. Just don't confuse being in the room with owning a piece of it.
DeepSeek founder Liang Wenfeng’s net worth more than doubled after his firm’s most recent fundraising round, making the Chinese entrepreneur the world’s richest among creators of AI models. Liang is now worth $36 billion, according to the Bloomberg Billionaires Index. Read more:
X algo has changed. My mutuals are supposed to see my posts now! GM
@frank_olien123 U dey write backend for rust keh
I want to recognize that Yuku from @arshadyaseeen is faster than Oxc. It uses data-oriented design everywhere, which is truly amazing. I’m glad there is something faster for us to learn from. Oxc needs really big breaking changes to get to the same level of performance, but I'll consider it. github.com/yuku-toolchain…
You won’t get rich just working hard, but if you don’t work hard, you won’t get rich.
Building is way harder than investing
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when you start making some very good money you’ll feel the urge to help everyone financially! it’s very important that you resist, show them how to make money instead!
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Practising how to become a lecturer.
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