/ Pre-IPO Risk Index / Adept AI (Acquihired)
Adept AI (Acquihired)
AI Consumer · Pre-IPO · $1B (2023); Amazon acquihire 2024
F
Critical (F) — Round Z Pre-IPO Risk Grade
Adept AI raised $415M at $1B+ valuation in 2023 to build AI agents for software automation. In June 2024, Amazon hired Adept founders (David Luan, Augustus Odena, Maxwell Nye) plus most engineering staff and licensed Adept's technology. The remaining entity operates with minimal staff and no clear commercial path. Among the cleanest examples of the 2024 'AI acquihire' pattern.
24
Composite / 100
Where this grade comes from.
Governance Risk
F
Valuation Methodology
F
Secondary Liquidity
D-
Financial Disclosure
F
Exit Probability
F
Key risk events & disclosures.
- Amazon acquihire June 2024 — founder + engineering team rehired
- Adept technology licensed to Amazon
- Remaining entity operates with minimal staff
- Among defining examples of 2024 'AI acquihire' pattern
/ Best for
Not currently a meaningful investment target. Remaining shareholders should review distribution-of-proceeds disclosures from the Amazon transaction.
/ Watch out for
The Adept / Inflection / Character.AI / Scale AI 2024 acquihire pattern produces highly uneven distributions of proceeds across cap-table classes. Common shareholders frequently receive minimal recovery.