Cory Moelis
2.9K posts

Cory Moelis
@CoryMoelis
@GroundUpVC. Playing ⛳️🏌️♂️and 🏒🥅. Betting on 📈 and 🏇

JUST IN: Startup "Starcloud" is targeting $500 million in funding to build AI data centers in space.

I am super excited to share that @Starcloud_ has raised a $170M Series A at a $1.1bn valuation to fuel our development of data centers in space 🚀 The round comes after the successful deployment of our first satellite, Starcould-1, a few months ago, which had the first @NVIDIA H100 on board and was the first to train an LLM in space. The funds will be used to develop our third satellite, which aims to be cost-competitive with Earth-based data centers in terms of AI inference cost. The round was led by @Benchmark and @EQT Ventures, and we are excited to welcome Benchmark GP, @Chetanp Puttagunta, to our board. We are also excited to welcome other new investors, including the world's largest infrastructure fund, @Macquarie Capital, @SevenSevenSix 7️⃣7️⃣6️⃣, Manhattan West, Adjacent, Carya, GSBackers, and Harpoon. We are very grateful for the continued support of existing investors, including @NFX, @NebularVC, @YCombinator, @FUSE_VC, @Soma_Capital, 3Capital Partners, Wyld VC, Tiny VC, and Taurus Ventures. Onwards!

Dating apps are really having men verify their height 😂😂 Are we going to bring out scales for women next?



Nah, YC isn't overrated, but yeah, lots of people fantasize about it, and the truth is YC wants that hype. But YC does give a lot of things that help with future funding rounds. VC firms invest more money in YC-funded startups. Still, I have doubts about their selection process. They say they don't focus on top schools, but almost every YC grad comes from a top school. And they're not all good I can say this because I know 5 people who just generated ideas from ChatGPT, applied, and got selected.





















