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Florian Heinemann: Is the End of Venture Capital Approaching?

Summary by Manager Magazin
OpenAI CEO Sam Altman predicts that AI development could lead to a multi-billion dollar company with just one employee. This could change the entire startup world. After all, why do we need venture capital when ChatGPT and a good idea are enough to build gigantic companies?
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OpenAI CEO Sam Altman predicts that AI development could lead to a multi-billion dollar company with just one employee. This could change the entire startup world. After all, why do we need venture capital when ChatGPT and a good idea are enough to build gigantic companies?

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manager magazin broke the news in on Friday, October 10, 2025.
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