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Co-founder of Stability AI, worth billions, says he was tricked into selling stake for $100

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Co-founder of Stability AI, worth billions, says he was tricked into selling stake for $100


The News Stability AI is being sued by a co-founder, who claims he was deceived into selling his 15% stake in one of the hottest startups in the sector for $100 to CEO Emad Mostaque, months before the company raised millions at a $1 billion valuation. Cyrus Hodes accused Mostaque, who is also…

#emadmostaque #stabilityai #stablediffusion #hodes #mostaques #aviweitzman #paulhastings #stability #stabilityais #mostaque

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