Groq CEOInspired by WWII Fundraising
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former Google engineersInsider
•Technology
Technology
AI startup Groq once almost ran out of money, so the CEO took a page from World War II fundraising
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82% Informative
Semiconductor startup Groq came close to running out of money a few years ago .
The semiconductor startup, founded by ex-Google engineers, cut most employees' salaries in favor of equity.
The CEO likened the ask to World War II bonds, through which governments asked citizens to help finance their military efforts.
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