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Many people have asked me if Sam Altman owns 0% of OpenAI, how could he afford to invest and fund projects the way he does? 1) Note on Early Exit: 
Sam co-founded a startup called Loopt in college. It wasn’t a massive success, but it sold for $43.4

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

In the early days of Airbnb, founders Brian Chesky, Joe Gebbia, and Nathan Blecharczyk struggled to find investors. They tried to raise $150,000 for 10% of the company but faced many rejections. Despite pitching to several prominent investors, no one

What's going on with the startup world at the moment? I've been closing transactions for many startups in my legal career but what I'm noticing at the moment is what I've only heard of the past. Some of my friends who work in the PE/VC and Angel fu

"When All You Have is $40 and a Dream: The Crazy Story That Saved Airbnb" 🔥 Imagine this: Your startup is broke. Investors laugh at your idea. Your rent is overdue. You’re eating instant noodles every night. Welcome to Airbnb in 2008. Brian Ch

How the Bromance Between Elon Musk and Sam Altman Turned Toxic As Altman’s profile in Silicon Valley rose, he tried to focus tech-industry attention on AI’s potential. In 2014, on his personal blog, he referred to AI as potentially “the biggest deve

Y Combinator’s Identity Crisis: Growth or Decline? Y Combinator, the famed Silicon Valley accelerator behind Airbnb, Stripe, and Doordash, is facing scrutiny as it expands. Once exclusive, YC now runs more frequent and larger startup batches, rais

Ever wondered what happens before a startup secures funding? Let's deconstruct it Valuation is key in funding rounds – is it art or science? For early-stage startups, it's a mix. Common Valuation Methods: DCF: Future cash flows discounted to present

𝗘𝘃𝗲𝗿𝘆𝗼𝗻𝗲 𝗸𝗻𝗼𝘄𝘀 𝗦𝗮𝗺 𝗔𝗹𝘁𝗺𝗮𝗻 𝗺𝗮𝗱𝗲 𝗖𝗵𝗮𝘁𝗚𝗣𝗧. 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