1,079 karma · joined December 21, 2018
> The design software firm expects to finish this year with over $600 million in annual recurring revenue, an increase of more than 40% over the past year, people familiar with the matter said. The San Francisco–based company has also been generating cash for a few years, the people said. That financial picture likely makes it one of the best-performing late-stage private tech companies, particularly in a year when many firms have struggled with sagging growth rates as corporate clients have cut their software spending.
https://www.theinformation.com/articles/figma-grew-fast-even...
Reuters update 6:51 PST
The Verge has acted like an intermediary for Sam's camp during this whole saga, from my reading.
The WSJ article from June he cited indicates the license still comes with restrictions.
https://www.wsj.com/articles/microsoft-and-openai-forge-awkw...
"A potential return of Sam Altman as OpenAI’s CEO will likely strengthen Microsoft’s strategic positioning, especially if it’s able to procure a seat on the new board. This could also be the preferred outcome for Microsoft, given a high legal risk if it hires a majority of OpenAI employees. We see little to no likelihood that Microsoft will buy OpenAI amid ongoing regulatory hurdles."
— Anurag Rana and Andrew Girard, analysts
https://www.bloomberg.com/news/articles/2023-11-21/altman-op...
https://www.bloomberg.com/opinion/articles/2023-11-21/openai...