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Some failed startups are reportedly selling old Slack messages, emails, and other internal records to AI companies as training data, creating a new way to cash out after shutting down. Fast Company reports: Shanna Johnson, the CEO of now-defunct software company Cielo24, told the publication that she was able to sell every Slack message, internal email, and Jira ticket as training data for “hundreds of thousands of dollars.”
This isn’t a one-off scenario. SimpleClosure, a…
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Some failed startups are reportedly selling old Slack messages, emails, and other internal records to AI companies as training data, creating a new way to cash out after shutting down. Fast Company reports: Shanna Johnson, the CEO of now-defunct software company Cielo24, told the publication that she was able to sell every Slack message, internal email, and Jira ticket as training data for “hundreds of thousands of dollars.”
This isn’t a one-off scenario. SimpleClosure, a…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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