OpenAI announced the acquisition of Jony Ive's company io for $6.5 billion in stock, drawing attention from notable investors. Klarna CEO Sebastian Siemiatkowski revealed that his family investment office, Flat Capital, invested in io six months prior, securing significant returns through this acquisition. The huge interest in io’s value attracted a public confirmation from Flat Capital. Additionally, Luke Wroblewski of Sutter Hill Ventures celebrated the acquisition, indicating a large stake in io but later deleted his comments. OpenAI itself held a 23% share, valued at $1.5 billion, further solidifying its stake in this deal.
Klarna CEO Sebastian Siemiatkowski expressed his enthusiasm about Flat Capital’s investment in io, pointing out it will yield substantial returns following the OpenAI acquisition.
Former Googler Luke Wroblewski congratulated io on its acquisition by OpenAI, hinting at his firm Sutter Hill Ventures' significant investment.
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