I try to be as fair and as unbiased as possible, but whenever I hear Emad speak in an interview, my BS meter goes right to 100.
What an incredible story – unfortunately for their investors, it reflects very poorly on them. It reads like there were quite a few prima facie yellow/orange flags that merited deeper due diligence.
From the title, i thought this would be a lot less egregious. If that’s what passes as exaggeration, then what passes as just lying?
Stablility AI has done squat for the locally hosted SD community. If I were a VC, I wouldn't touch these guys with a 10 foot pole, even if SDXL ends up being good.
Stability AI became a $1 billion company with the help of a viral AI text-to-image generator and — per interviews with more than 30 people — some misleading claims from founder Emad Mostaque
Emad's response here for balance: https://emad.posthaven.com/on-setting-the-record-straight
Personally, most of the issues seem superficial compared to, for example, Elon's pathological lying.