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"All three offers were in the $150 million to $200 million range" -> Perplexity CEO told staff in 2023 that it had acquisition offers from X, OpenAI, and Notion, in the $150M to $200M range; Microsoft was also interested "Aravind Srinivas believes he has a new revenue model… https://t.co/a0kPhq9CpI
Fascinating profile of @AravSrinivas' rise by @KevKubernetes, from the scoop on M&A offers and financials to the orchestration behind Perplexity's next steps. https://t.co/fBWhabBVlr
Source: Perplexity CEO told staff in 2023 that it had acquisition offers from X, OpenAI, and Notion, in the $150M to $200M range; Microsoft was also interested (@kevkubernetes / The Information) https://t.co/XceTAjwuro https://t.co/mNWUkf3a1A
Perplexity's CEO, Aravind Srinivas, has revealed that the company received acquisition offers from three firms—X, OpenAI, and Notion—in the range of $150 million to $200 million during the summer and fall of 2023. Additionally, Microsoft expressed interest in acquiring the company. These developments come amid legal challenges and increasing competition, which are significant factors for the young CEO as he navigates the company's future. The information was detailed in a profile by journalist Kev Kubernetes, highlighting the financial landscape and strategic decisions facing Perplexity.
