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Groq doesn't keep that money, it goes to VCs. They claim the company is "pivoting", not "selling" and avoid the payout trigger.


Money can't just "go" somewhere, it needs a reason first, at least for book-keeping. I mean, VCs can get their invested capital back but on top of that, how would that money be transfered? $20B is a lot and for sure the VCs will not just write an invoice of $18B for consulting services.



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