Aug 6, 03:10 PM

Les Wexner's $800M Stake in AI Startup Coreweave Revealed

Les Wexner, the billionaire owner of Victoria’s Secret, has become one of the largest individual shareholders in the AI startup Coreweave. A lawsuit has revealed that an early $1 million seed investment in Atlantic Crypto, which later became Coreweave, led to Wexner’s family trust now holding an $800 million stake in the company. Coreweave, valued at $19 billion, is one of the most valuable AI startups.

#Les Wexner #Coreweave #Atlantic Crypto #Wexner

Written with ChatGPT (GPT-4o).

Sources

Jemima McEvoy@jemimacmcevoy
2 years ago
"How Victoria’s Secret Billionaire Owner Accidentally Scored A $800 Million Stake In An AI Unicorn" https://t.co/eLv6WAcggG
Forbes@Forbes
2 years ago
How Victoria’s Secret Billionaire Owner Accidentally Scored A $800 Million Stake In An AI Unicorn https://t.co/6AwfIzvM3L
Hussein Kanji@hkanji
2 years ago
A lawsuit reveals that an early bet on the company that would later become $19 billion startup Coreweave has made Les Wexner one of the largest individual shareholders in the AI unicorn https://t.co/l0AV3ijEIb

Les Wexner's $800M Stake in AI Startup Coreweave Revealed

Sources

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