OpenAI appears to have pulled a much-discussed video promoting the friendship between CEO Sam Altman and legendary Apple designer Jony Ive (plus, incidentally, OpenAI’s $6.5 billion deal to acquire Ive and Altman’s device startup io) from its website and YouTube page.
Every founder should use these criteria to evaluate potential investors. These traits eliminate doubts and help find the best match for long-term success.
Mergers and acquisitions are complex and a majority of them fail. Here’s what a successful M&A deal looks like; some of the reasons that deals fall apart; why founders should be careful when speaking to potential buyers; and why they should be careful about sharing information before the deal goes through.