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
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Anonymous 4
Hey I am on Medial • 22d
I don't buy the whole “0% OpenAI” clean story. There's always some indirect incentive, board rewards, or backdoor profit sharing. Nobody does billion-dollar work completely selflessly.
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Hello from The Waffle Street, we are searching for a co-founder/Mentor. We have done 1 Cr this year, we are at 0% debt, completely bootstrapped and planning to grow up to 20x next year. HO is based at Mohali, Punjab. Someone from Hyderabad/Mumbai/Ban
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Amandeep Singh
Co-Founder @ The Waf... • 2m
Hello from The Waffle Street, we are searching for a co-founder/Mentor. We have done 1 Cr this year, we are at 0% debt, completely bootstrapped and planning to grow up to 20x next year. HO is based at Mohali, Punjab. Someone from Hyderabad/Mumbai/Ban
Shocking insight from YC partners
The most successful AI startups in 2024 aren't coming from "clever ideas" or hackathons
They're coming from a completely different approach that most founders ignore
Here's the blueprint they shared
Forget hacka
Found this amazing VC vs Bootstrap Analogy! Give it a read.
VCs sell you dreams.
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Turning down every investor pitch for 12 years to bootstrap to $5M ARR has proven to be the best bet of my journey.
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Nobody in India ever talks about how Paytm’s Vijay Shekhar Sharma is literally holding a 10.3% stake ON BEHALF OF China’s Jack Ma! 🙏🙏
This is a stake that VSS did not pay a dime for, and was rather loaned by Jack Ma’s Antfin via a smart transactio
Top News of the Day:
1. Info Edge files FIR against Rahul Yadav over 4B Networks fraud
2. Byondnxt secures fresh funding, Zomato stake reduced to 6%
3. Vocera Raises $500K from Y Combinator to Revolutionize Voice AI Testing and Evaluation
4. Empl
Top News of the Day:
1. Easebuzz, a Pune-based startup, has emerged as a significant player in the digital payments sector, competing with giants like Razorpay and PayU.
2. Elon Musk's involvement in politics, particularly with US President Donald
Yday, I wrote a letter to PM Modi, which also gained some attention here 🙏🙏
It was about how Delhi NCR having the highest concentration of income taxpayers in India, deserves way better than a 1k AQI poison air.
And right after that, attacks bega