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SatiricTech

From Crypto Dust to AI Gold: How Three Guys in a Closet Turned GPUs Into a $1.5B Fortune

AI, CoreWeave, TC, IPOs

In what can only be described as the tech world's version of "Aladdin's Magic Lamp", the co-founder of CoreWeave, Brian Venturo, has shared the absolutely not-at-all-lucky story of how a closet full of crypto-mining GPUs somehow morphed into a $1.5 billion IPO. Because, you know, that's just how the market works these days.

According to Venturo, it all started when three hedge fund guys, presumably bored of counting their money the old-fashioned way, decided to dive into the wild west of crypto mining. "We just thought, why not turn our spare closet into a money printer?" Venturo reminisced, probably while stroking a gold-plated GPU for good luck.

But as fate (and the volatile crypto market) would have it, their electricity bill started looking more like the GDP of a small country, and they had to pivot. "AI training infrastructure was the obvious choice," Venturo explained, "because nothing says 'stable career move' like betting on the future of artificial intelligence."

Now, with a valuation that makes most Silicon Valley startups weep into their artisanal coffee, CoreWeave stands as a testament to the fact that sometimes, all you need is a closet, some GPUs, and a complete disregard for the concept of "risk."

So, to all the aspiring entrepreneurs out there: if you're not turning your walk-in closet into a billion-dollar company, are you even trying?

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