Betaworks' $150K first check in Hugging Face now worth ~$650M
KateClarkTweets · x · 2026-09-04
Per a TechCrunch scoop, NYC venture firm Betaworks, founded by John Borthwick, was the first investor to back Hugging Face, writing a $150,000 check in 2016.
At Hugging Face's current valuation, that stake could be worth $650 million — a return of over 4,000x and a landmark case for early-stage seed investing.
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