Figuring Outย โขย 8m
Sam Altman's First Startup! So before founding OpenAI and leading Y Combinator, Sam Altman founded Loopt! Loopt was a location-based social media app launched by @sama in 2005. It was very similar to any other social media platform, like it had chats, status, but the core feature was its location-based map (similar to Snapchat). But Why Choose Location? That's because, in 2005-6, mobile service providers started offering cheap GPS plans. Before that, GPS was expensive for some reason. So the idea was nice, and the timing was kinda good. That's why Loopt was funded by Y Combinator in their first batch and later by investors like Sequoia too. And the Best Part? They had partnered with Sprint and later with AT&T and Verizon, which led to Loopt coming pre-installed in mobiles. But Despite All That, Loopt Failed.. That's because of privacy concerns, battery drainage, and the inclusion of the same features in Facebook. Also, it was hard to monetize because of low traffic. Thus, after raising $39 million, it was acquired by Green Dot for $43 million (for its tech patents, not its user base), and then Green Dot shut its service very soon.
Student| Passionate ...ย โขย 8m
Sam Altman started coding at the age of 8. Born in 1985, Chicago, attended John Burroughs School and later to Stanford Univ, dropped out in 2005. Continued to pursue his passion for tech and entrepreneurship, founded Loopt (location based social netw
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Set2Scoreย โขย 8m
๐ฆ๐ฎ๐บ ๐ฎ๐น๐๐บ๐ฎ๐ป : ๐ ๐ฑ๐ฟ๐ผ๐ฝ๐ผ๐๐ ๐๐ผ ๐ผ๐ฝ๐ฒ๐ป๐๐ Born in 1985 in Chicago, Illinois, and raised in St. Louis, Missouri. Developed an interest in computers and programming at a young age, getting his first computer at age 8. Studied compute
See MoreHey I am on Medialย โขย 5m
Growing up as a gay teenager in the conservative Midwest, Altman experienced the pressures of not fitting in. He once shared that coming out wasn't easy, especially during a time and in a place where LGBTQ+ identity wasn't openly accepted. These inte
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Medialย โขย 7m
๐๐๐ฒ๐ฟ๐๐ผ๐ป๐ฒ ๐ธ๐ป๐ผ๐๐ ๐ฆ๐ฎ๐บ ๐๐น๐๐บ๐ฎ๐ป ๐บ๐ฎ๐ฑ๐ฒ ๐๐ต๐ฎ๐๐๐ฃ๐ง. 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 leaders
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