Foundering

Bloomberg

Foundering is an award-winning, serialized podcast from the journalists at Bloomberg Technology. Each season, Foundering brings you inside a different high-stakes drama from the technology industry, where its companies are wielding unprecedented capital and power.

  • 47 minutes 40 seconds
    Bob Lee Part 2: The Brother Did It

    Nine days after Bob Lee was found stabbed in San Francisco, police arrested Nima Momeni for his murder. Desperate to squash the ‘Doom Loop’ narrative, San Francisco officials insisted that Bob Lee was killed by someone he knew, a fellow tech executive. But the Cash App founder’s friends and family had never heard of Momeni. Reporter Shawn Wen tells the story of Momeni’s teen years in the East Bay, his minor brushes with the law, and the events that put him on a collision course with Lee. 

    See omnystudio.com/listener for privacy information.

    16 April 2026, 10:10 am
  • 37 minutes 14 seconds
    Bob Lee Part 1: San Francisco Has Blood On Its Hands

    Three years ago, Bob Lee, a tech executive famous for creating Cash App, was found stabbed in San Francisco. His killing set off a wave of online fury. Reporter Shawn Wen takes us back to the turbulent days before his killer was arrested, when misinformation and rumors ran rampant. Several tech industry leaders decried violent crime in San Francisco, including David Sacks, who “bet dollars to dimes” that Lee was stabbed by “a psychotic homeless person,” and Elon Musk, who called the city “horrific.” 

    See omnystudio.com/listener for privacy information.

    16 April 2026, 10:05 am
  • 1 minute 50 seconds
    Foundering: The Killing of Bob Lee (Trailer)

    Three years ago, Bob Lee, a tech executive best known for creating Cash App, was found stabbed in the streets of San Francisco. His killing set off a wave of online fury. Rumors and misinformation ran rampant. Several tech industry leaders weighed in, including David Sacks, who “bet dollars to dimes” that Lee was stabbed by “a psychotic homeless person,” and Elon Musk, who disparaged the district attorney. When Lee’s killer was arrested, it became clear that the truth of what happened could not be further from the initial speculation. 

    See omnystudio.com/listener for privacy information.

    14 April 2026, 10:00 am
  • 12 minutes 43 seconds
    Preview: The Sixth Bureau, Episode 1

    It’s an open secret that the Chinese government has engaged in a global campaign to acquire intellectual property from foreign rivals. At the center of that campaign is the Ministry of State Security, China’s elusive intelligence agency. The US has apprehended hundreds of people accused of giving information to the MSS, but the agency’s inner workings have been a mystery — until now.

    Today, we’re bringing you Episode 1 of The Sixth Bureau, a limited-run series from The Big Take. The series follows an MSS intelligence officer whose mission was to acquire the crown jewels of American aerospace companies. With aliases, blackmail and the occasional break-in, he targeted corporate giants. That is, until his sloppiness — and a cunning FBI sting — led to a stunning reversal: Xu Yanjun became the first Chinese intelligence officer ever convicted on American soil.

    Listen to Episode 2, available now in The Big Take.

    See omnystudio.com/listener for privacy information.

    14 February 2026, 3:00 pm
  • 47 minutes 51 seconds
    OpenAI Part 5: Beware the Ides of November

    Right as Sam Altman was at the peak of his success, touring the world to espouse the virtues of AI, his board turned on him. Altman was unceremoniously fired. OpenAI’s coup is a story of secrets, betrayal, employee revolt and Altman’s expert political maneuvering to regain his position of power. In this episode, reporter Ellen Huet also examines Altman’s history of broken promises and alleged manipulation.

    See omnystudio.com/listener for privacy information.

    27 June 2024, 10:05 am
  • 22 minutes
    OpenAI Part 4: Heaven and Hell, Part 2

    It’s widely predicted that AI will upend the economy and threaten many existing jobs. Sam Altman, in trying to stay ahead of public fears of mass unemployment, has offered universal basic income as a solution. He also has envisioned an AI future of abundance. In this episode, reporter Ellen Huet looks at Altman’s proposals for ending poverty and his current relationship with his sister, Annie Altman, who struggles with homelessness in Hawaii.

    See omnystudio.com/listener for privacy information.

    20 June 2024, 10:04 am
  • 31 minutes 38 seconds
    OpenAI Part 3: Heaven and Hell, Part 1

    A group of high-level early employees who had glimpsed the fluidity and power of the technology behind ChatGPT left OpenAI to start a new company. Their exit sparked concerns that OpenAI is not prioritizing safety. Meanwhile, the success of ChatGPT drove a craze within the tech industry but also added fuel to existing apocalyptic fears. In this episode, reporter Ellen Huet examines the frenzy around AI, both its utopic dreams and visions of impending doom.

    See omnystudio.com/listener for privacy information.

    13 June 2024, 10:03 am
  • 35 minutes 13 seconds
    OpenAI Part2: Ilya Dreams of AGI

    OpenAI employees were motivated by the dream of building an artificial general intelligence, which could think and solve problems like a human mind. In reality, they sometimes spent their days building bots that played video games. But new research allowed the company to create increasingly powerful AI models, giving them a lead in the AI race. Meanwhile, a power struggle between Sam Altman and Elon Musk led to Musk’s departure from the company. In this episode, reporter Ellen Huet takes a look at OpenAI’s early days and the company’s shift away from its promises to be open-source and nonprofit.

     

    See omnystudio.com/listener for privacy information.

    6 June 2024, 10:02 am
  • 39 minutes 20 seconds
    OpenAI Part 1: The Most Silicon Valley Man Alive

    Sam Altman, CEO of OpenAI, shot to tech stardom with the release of ChatGPT. His company is one of the most valuable startups in the world, and he is treated like an ambassador for the AI future, zipping around the globe, meeting with world leaders. But how did he amass so much power? In this episode, reporter Ellen Huet looks at Altman’s rise and his penchant for forming close bonds with powerful Silicon Valley figures, who in turn have lent their influence and money to his ever-growing ambitions. 

     

    See omnystudio.com/listener for privacy information.

    6 June 2024, 10:01 am
  • 2 minutes
    Foundering: The OpenAI Story (Trailer)

    The biggest story in tech is artificial intelligence, and the biggest story in AI is OpenAI. The company’s rapid progress and blazingly popular consumer products like ChatGPT have pushed tech giants to dump billions of dollars into an AI arms race. OpenAI’s CEO, Sam Altman, has been dogged by persistent allegations of being manipulative, deceitful, and power hungry – even to the point of being fired by his own board. This season of Foundering takes listeners straight to the heart of the AI explosion: feuds, betrayals, billionaires, and the extinction of humanity…. maybe? 

    See omnystudio.com/listener for privacy information.

    30 May 2024, 7:00 am
  • 24 minutes 12 seconds
    McAfee Bonus: Q&A

    A live Q&A with this season’s host, Jamie Tarabay, and a cybersecurity expert featured in the series, Allan Liska. This bonus episode was recorded following a live production of “Foundering: The John McAfee Story” in San Francisco at the RSA Conference in April 2023. The conversation, moderated by Foundering’s editor Mark Milian, explores the reporting process for the show and McAfee’s lasting impact on the digital security industry.

    See omnystudio.com/listener for privacy information.

    16 May 2023, 1:55 pm
  • More Episodes? Get the App