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by ethbr1
167 days ago
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> there’s definitely some equity being traded in this “non-exclusive licensing deal” It does bring up a curious question - what happens to the Groq equity owned by the leadership team that's being hired by Nvidia? And/or VC equity? If they're all being paid, then is Nvidia left holding that equity? Or is it being returned to Groq (the company)? One of two things would seem to be true: - Nvidia now owns a big chunk of Groq
- Remaining investors in Groq now own a lot more of the company (on a percentage basis)
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