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The seed round follows the sale of his previous AI startup to Netflix for $600 million.
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Ben Affleck negotiating a $1B at $10B seed round for his next AI startup after selling his previous AI startup to Netflix for $600m and hitting podcast circuit making people realize he knows what he’s talking aboutRead original on X
Ben Affleck raising $1 billion for AI startup at $10 billion valuation
Ben Affleck raising $1B for AI startup at $10B valuation
Ben Affleck reportedly raising $1B at $10B for AI startup
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Disney walked away from roughly $150 million a year in Netflix licensing income in 2019 to launch Disney+.
The family bought Paramount for $8 billion over 14 months, then won a bidding war against Netflix for Warner Bros. Discovery at roughly $111 billion.
The SEC filing values the 16-person team at roughly $37 million per employee.