Venture Capitalist Family Agrees to Buy Seattle Seahawks for $9.6 Billion

The family of venture capitalist Vinod Khosla has agreed to purchase the Seattle Seahawks for $9.6 billion, pending NFL owners' approval. Neeru Khosla will serve as the controlling owner. Their son is expected to have a significant leadership role in the ownership group, according to a league memo sent to teams and obtained by ESPN.

Khosla Family Vinod Khosla, 71, is the patriarch of the family and a prominent figure in the tech world. He was an early investor in Google and his venture fund, Khosla Ventures, made one of the largest early bets on OpenAI. His firm purchased a 5% stake in the artificial intelligence developer for $50 million in 2019.

OpenAI was worth $852 billion in March, according to Forbes. DoorDash and Instacart are among his firm's other notable investments.

Khosla was born in India in 1955.

He received a bachelor's degree in electrical engineering from the Indian Institute of Technology in New Delhi and later earned a master's degree in biomedical engineering from Carnegie Mellon University. In 1982, he co-founded Sun Microsystems. He then spent two decades at venture firm Kleiner Perkins Caufield & Byers before launching Khosla Ventures in 2004.

The fund has focused many of its investments in AI and green technology. Another of its investments is Impossible Foods, where Khosla was one of the first investors in 2011. >"There are these singular characters in Silicon Valley who would feel a bit implausible if you constructed them in a work of fiction, but who turn out to in fact exist.

He has also said he agrees with Trump that the U.S. needs to be competitive with China in AI.