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Vishu Bheda
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MedialĀ ā¢Ā 4m
ššš²šæšš¼š»š² šøš»š¼šš š¦š®šŗ šš¹ššŗš®š» šŗš®š±š² ššµš®ššš£š§. But at 19, Altman dropped out of Stanford & raised $30M to build a social media. Then, he became President of Silicon Valley's $600B "Harvard for startups". Under his leadership, it grew 5X bigger. Here's how Sam Altman shaped tech more than you realize: š $šÆš¬š šš²š š§šµš®š šš¹šŗš¼šš šš®š¶š¹š²š± Born in Chicago in 1985, Altman got his first computer at 8. By 19, he left Stanford to build Looptāa location-sharing app. Investors loved the idea. Sequoia Capital backed him with $30M. But there was one problem. šš”š š°šØš«š„š š°šš¬š§āš š«šššš². ā¢ Smartphones werenāt common. ā¢ GPS drained too much battery. In 2012, Loopt was sold for $43Māfar below expectations. But this failure led to something much biggerā¦ š§šµš² š š®š» šŖšµš¼ ššš¶š¹š šš¶š¹š¹š¶š¼š»-šš¼š¹š¹š®šæ š¦šš®šæššš½š Y Combinator (YC) was the launchpad for companies like Airbnb and Reddit. In 2014, its founder, Paul Graham, needed a new leader. He chose šš-š²ššš«-šØš„š šš„šš¦šš§. Why? 1. He was part of YCās first-ever batch in 2005. 2. He had been a YC mentor since 2011. 3. Graham called him āone of the smartest people I know.ā Under Altman, YC exploded: ā¢ From funding 200 startups per year ā 1,000+ ā¢ Portfolio value grew from $65B ā $300B ā¢ Nearly half of YC founders were now from outside the U.S. His golden rule? āšš«šØš° šš% ššÆšš«š² š°ššš¤.ā It forced founders to think bigger, move faster, and build products people truly loved. But Altman had an even bigger vision. š§šµš² šš š„š²šš¼š¹ššš¶š¼š» While running YC, Altman co-founded OpenAI in 2015. He believed AI was the future. By 2019, he made his boldest moveāleaving YC to go all in on OpenAI. His most controversial decision? Turning OpenAI into a ācapped-profitā companyāensuring AI stayed beneficial for humanity. The world was skeptical. Then ChatGPT launched in 2022: ā¢ 1M users in 5 days. ā¢ 100M users in 2 months. ā¢ A $10B investment from Microsoft. Altman changed startups. He changed AI. And heās just getting started. Follow Vishu Bheda for more such business and tech insights!
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