Flash News

Stripe's deal with OpenRouter, a16z and Menlo Ventures will pay off

According to Business Insider, Stripe is negotiating over $8 billion for the AI model market OpenRouter. If the deal is reached, more than 17 per cent of the equity held by Andressen Horowitz (a16z), with an initial investment of approximately $20 million of more than 6 per cent in Menlo Ventures and less than $50 million, is now worth more than $500 million, with the combined return of the two agencies approaching $2 billion。

OKX - Unlock Rewards