Find XO: Lessons for Deep Tech Founders from Helion and OpenAI's Power Contract (techcrunch.com)

- Sam Altman is stepping down as chairman of Helion's board ahead of a power purchase agreement between OpenAI and Helion. - Securing a large customer willing to buy power that hasn't yet been produced provides a basis to raise funds needed for long development periods. - This is a path to consider when founding deep tech startups, but even with purchase commitments, founders need to calculate separately how long they can sustain delays in commercialization.