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Stability AI Cofounder Says He Was Tricked Into Selling Stake For $100

Cyrus Hodes, the cofounder of Stability AI, the creator of Stable Diffusion, is suing the company for buying his $600 million shares for $100.

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Stability AI cofounder duped into selling stake for $100: Lawsuit

Cyrus Hodes alleges CEO Emad Mostaque convinced him “that the company he had helped build was essentially worthless.”

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A.I. Startup Founder Says He Was Tricked Into Selling His $600M Stake for $100

Cyrus Hodes could have been a half-billionaire had he not listened to his business partner. Hodes, the cofounder of Stability AI, the company behind A.I.…

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Stability AI Cofounder Sold Stake for $100 Before $1 Billion Valuation

Cyrus Hodes is taking legal action against Stability AI and its CEO, arguing he was fooled into thinking his shares were "worthless."

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Stability AI cofounder dumped his entire stake for a mere $100 just months before company hit a $1 billion valuation

Stability AI cofounder dumped his entire stake for a mere $100 just months before company hit a $1 billion valuation
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