Michael Intrator

Headlines · 2

1. 1d
   CoreWeave founders cash out $3.3B as credit default risk hits record high

   Bloomberg reported that CoreWeave co-founders Michael Intrator, Brian Venturo and Brannin McBee have sold a combined $3.3 billion in stock since the company's March 2025 IPO, including $2.4 billion in 2026 alone. In the same week, CoreWeave's five-year credit default swap spread briefly hit an intraday record of 1,194.5 basis points, implying a more than 60% market-implied chance of default within five years, and the stock fell 15.46% on Wednesday. The article says CoreWeave's combined debt and lease obligations reached about $52 billion at the end of June and that in August the company raised its annual capex guidance to as much as $39 billion; a company spokesperson said the sales were pre-arranged and fully disclosed under 10b5-1 plans, and that the founders remain among the top six shareholders with roughly 20% combined.

   36氪 人工智能 · 🔥 4
2. 2d
   CoreWeave falls 15.5% as co-founders keep selling stock

   Neoclouds—young AI data center firms—sold off broadly as bad inflation data reinforced expectations of another interest rate hike, and CoreWeave was hit hardest with a 15.5% drop, fueled partly by chatter that its bonds were falling to worryingly low levels. Securities filings show CEO and co-founder Michael Intrator sold CoreWeave stock every week from April through the end of September, and fellow co-founders have also been selling regularly. Intrator told staff that building a new type of technology company inevitably brings periods when the market misunderstands and acts irrationally.

   The Information · 🔥 0

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