Adit Singh was a partner at Foundation Capital when he helped source and co-lead the first funding round into then-obscure chip startup Cerebras.
By the time Cerebras held its blockbuster IPO in May, Foundation Capital held a roughly 7% stake, making it the third-largest shareholder in the company, which now trades at a valuation of nearly $50 billion.
Originally reported by TechCrunch. Read the full story at the original source.
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