• Jhex@lemmy.world
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      1 month ago

      Slate raised at least $111 million in Series A financing, including an undisclosed amount from Bezos. Slate then raised $600 million in 2024 from Mark Walter, the controlling owner of the Los Angeles Dodgers and CEO of Guggenheim Partners, Jeff Bezos, and General Catalyst, a venture capital firm.[5] In mid-2026, the company said it had completed a $650m series C investment round, which took its total capital raised to $1.4bn.[6]

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      Bezos was seed money AND part of the owner conglomerate that raised all the capital the company started with in 2024. That is enough for me to avoid this like the plague as it will, certain as the sun is hot, be enshitified to the core

      If you do not believe me, here is an article explaining how this is all a big Amazon initiative

      https://techcrunch.com/2025/04/08/inside-the-ev-startup-secretly-backed-by-jeff-bezos/