It's fun to see someone being able to exit so well without owning any model.
Of all the no moats they are the example of no moat. Its seconds switch to another router if even that is tolerated. And lets not even talk, the lack of compliance in an enterprise environment, and as they defer to providers on that...
But the acquisition makes a LOT of SENSE, if you realize that as the same VCs sit on Stripe, Anthropic, OpenAI and most important OpenRouter. Said VCs have a lot of interest in recovering their money...by pushing one of their companies to buy another one of their own, before LLMs providers financial pressures cut OpenRouter legs.
Is this stuff even legal? I will wait for Patrick Boyle video...
orangedog•42m ago
FailMore•41m ago
hooch•25m ago
PunchyHamster•16m ago
gk1•16m ago
aleph_minus_one•11m ago
I guess hardly anybody claims that. I think the suspicion is rather about whether there exist some other "puppetmasters" (e.g. venture capitalists) who pressured Stripe into buying OpenRouter.
orangedog•9m ago
aleph_minus_one•5m ago
Are you sure that the value is in the wrapper and not rather in the fact that investors who invested into OpenRouter also invested into companies that can buy OpenRouter? ;-)
(see also https://news.ycombinator.com/item?id=49330668 ).