article thumbnail

Greenhouse CEO Daniel Chait on how AI is changing human resources and weaning his company off venture funding via private equity

Hunter Walker

This means the company is predominantly owned by the management/team and TPG. It’s not “traditional PE” — meaning, a leveraged buyout fund where they try to cut costs and squeeze margins — it’s more like a later stage Venture Capital firm, with extra support capabilities to help companies as they scale.

article thumbnail

Out of the Crisis #14: Robert Rhinehart on the Corona Initiative, accelerating basic research, and finding a cure faster

Startup Lessons Learned

What's the cost of delay? Robert Rhinehart : The cost of delay is deceptively enormous, especially when it comes to people's health. So the cost of delay is immense. Should I do it under the management company of the fund?" They all seem like they have this built-in assumption that there's always more time.