DeepSeek raised another 100 billion in its second funding round. Here’s how everyone stacks up:
Liang Wenfeng: Other people seek capital when they fundraise; I get to choose my investors. You can share the money, but don’t touch the steering wheel. Locked in for five years, with no voting rights. Invest if you want; don’t if you don’t.
Tencent, CATL: Existing shareholders are back for another round, doubling down from their cornerstone positions.
Perfect World, Century Huatong: Gaming is the main business; funding AI is the side hustle—the endgame for gaming companies is computing power.
Retail investors: That 100 billion has absolutely nothing to do with you. You can’t get a piece of the equity, so all you can do is watch crypto AI shitcoins rewrite their white papers overnight and bold the word “AI” in size 3.
The most painful part: demand was so hot that the raise doubled from 50 billion to 100 billion, while the 500 billion pre-money valuation didn’t budge an inch. This isn’t fundraising; it’s an order being issued: there are no seats for retail investors at the AI table.
Comment section, sound off: Team A says the AI narrative is heating up again, with crypto AI tokens rising in sympathy; Team B says a funding round is just a funding round, and shitcoins will still go to zero. Roll call.
#DeepSeek #AI
$BTC $ETH $SOL
Liang Wenfeng: Other people seek capital when they fundraise; I get to choose my investors. You can share the money, but don’t touch the steering wheel. Locked in for five years, with no voting rights. Invest if you want; don’t if you don’t.
Tencent, CATL: Existing shareholders are back for another round, doubling down from their cornerstone positions.
Perfect World, Century Huatong: Gaming is the main business; funding AI is the side hustle—the endgame for gaming companies is computing power.
Retail investors: That 100 billion has absolutely nothing to do with you. You can’t get a piece of the equity, so all you can do is watch crypto AI shitcoins rewrite their white papers overnight and bold the word “AI” in size 3.
The most painful part: demand was so hot that the raise doubled from 50 billion to 100 billion, while the 500 billion pre-money valuation didn’t budge an inch. This isn’t fundraising; it’s an order being issued: there are no seats for retail investors at the AI table.
Comment section, sound off: Team A says the AI narrative is heating up again, with crypto AI tokens rising in sympathy; Team B says a funding round is just a funding round, and shitcoins will still go to zero. Roll call.
#DeepSeek #AI
$BTC $ETH $SOL