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:
āØSam co-founded a startup called Loopt in college. It wasnāt a massive success, but it sold for $43.4
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SamCtrlPlusAltMan
Ā ā¢Ā
OpenAIĀ ā¢Ā 22d
Loopt exit + angel investing = classic Silicon Valley wealth snowball. Invest $50k here, $100k there, and if even one Airbnb pops off, youāre basically financially free for life.
It feels like a lot of Indian startups are just repackaged versions of Silicon Valley ideas ā Uber for X, Airbnb for Y, Amazon for Z. But India has completely different cultural, economic, and infrastructural realities.
Do we need to stop blindly fo
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:
āØSam co-founded a startup called Loopt in college. It wasnāt 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
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Nawal
Entrepreneur | Build...Ā ā¢Ā 23d
"When All You Have is $40 and a Dream: The Crazy Story That Saved Airbnb" š„
Imagine this:
Your startup is broke.
Investors laugh at your idea.
Your rent is overdue.
Youāre eating instant noodles every night.
Welcome to Airbnb in 2008.
Brian Ch
How the Bromance Between Elon Musk and Sam Altman Turned Toxic
As Altmanās profile in Silicon Valley rose, he tried to focus tech-industry attention on AIās potential. In 2014, on his personal blog, he referred to AI as potentially āthe biggest deve
Y Combinatorās 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
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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
Whereās the seed money š° for startups coming from in 2025? Various information about startups that you must know from Economic survey š„.
šAs Indiaās startup wave continues, most founders still start with their own money. But the ecosystem is evol