Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation.
This scenario recently played out with AI big-data company Databricks and its latest $5 billion raiseannouncedThursday, co-founder and CEO Ali Ghodsi (pictured above) told TechCrunch. “We wanted to raise $1 billion, but then The Information printed this article saying that Databricks is doing a big fundraise. They did that in the middle of our conference. … Devamını oku