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Angel Investor (Individual)

Investments

7

About Matteo Franceschetti

Matteo Franceschetti is the Co-Founder & CEO of Eight Sleep.

Headquarters Location

New York,

United States

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Latest Matteo Franceschetti News

San Francisco is losing sleep over the OpenAI meltdown

Nov 21, 2023

“We checked our data and last night, SF saw a spike in low-quality sleep. There was a 27% increase in people getting under 5 hours of sleep,” said Matteo Franceschetti, CEO of EightSleep, a sleep product company that also sells an app tracking sleep patterns , on Monday (Nov. 20 ). “We need to fix this.” Advertisement Advertisement Of course, it’s common for employees at San Francisco’s many startups to work in the wee hours of the morning . But OpenAI has raised the stakes for people in the tech industry, given that the company is so influential in shaping the future of generative AI. Advertisement It’s also entrepreneurial for Franceschetti to jump in on the conversation. Quartz has reached out to EightSleep for additional data. Reading into the late-night posts about OpenAI In the meantime, we can judge how well some of the key players in the OpenAI story are sleeping from their activity on X, formerly known as Twitter. For example, Altman made a series of posts on Nov. 18 , at 11:47 pm, 12:05 am, and 12:32 am, professing admiration for his former colleagues. (All time stamps have been converted to Eastern standard time.) Advertisement Then on Nov. 20 at 2:53 am , Microsoft CEO Satya Nadella posted about Altman and Greg Brockman, former president of OpenAI, joining the tech giant, with Altman responding at 2:58 am . Emmett Shear, former chief executive of Twitch, posted a long message about joining OpenAI as interim CEO at 4:01 am that same day. They aren’t the only people who may be losing sleep over Altman’s departure. Rival companies are watching to see what happens next with OpenAI, or wondering whether to try poaching its employees . And of course, reporters have been working late into the night to uncover what’s going on inside the company as the saga continues. 📬 Sign up for the Daily Brief Our free, fast, and fun briefing on the global economy, delivered every weekday morning.

Matteo Franceschetti Investments

7 Investments

Matteo Franceschetti has made 7 investments. Their latest investment was in SigmaOS as part of their Seed VC - II on November 11, 2022.

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Matteo Franceschetti Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/16/2022

Seed VC - II

SigmaOS

$4M

Yes

5

8/3/2022

Series A

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$99M

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10

7/13/2022

Series A

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$99M

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10

4/18/2022

Seed VC

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$99M

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10

3/4/2022

Seed VC

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$99M

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10

Date

11/16/2022

8/3/2022

7/13/2022

4/18/2022

3/4/2022

Round

Seed VC - II

Series A

Series A

Seed VC

Seed VC

Company

SigmaOS

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Amount

$4M

$99M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

5

10

10

10

10

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