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After Missing AI’s Early Days, Lightspeed Remade Itself. Now It’s Poised to Score with Anthropic.
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After Missing AI’s Early Days, Lightspeed Remade Itself. Now It’s Poised to Score with Anthropic.
On a Monday morning in April of 2023, Lightspeed Venture Partner’s co-leaders Ravi Mhatre (pictured) and Bejul Somaia directed partners around the world to clear their calendars for the day. Get out of everything, they said. Even board meetings.ChatGPT had come out a few months earlier and the two executives didn’t believe the firm was primed to meet the moment. Khosla Ventures, a direct rival, had an early stake in OpenAI — Lightspeed did not. …
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