For at least some of the investors, a successful exit doesn't require building a... | Hacker News

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		jungturk on Sept 4, 2024 \| parent \| context \| favorite \| on: Ilya Sutskever's SSI Inc raises $1B For at least some of the investors, a successful exit doesn't require building a profitable business.

gigatexal on Sept 4, 2024 [–]

I guess if they can get in early and then sell their stake to the next sucker then they’ll make back their investment plus some multiple. Seems like a Ponzi scheme of sorts. But oh well — looking forward to the HN post about what SSI inc puts out.

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