Sam Altman recently clarified that while he has a "tiny sliver of equity" from an old YC fund, he previously had a stake via Sequoia that he sold. This lesser-known detail comes as he remains transparent about his ownership interests. Though his investment from YC is disclosed on OpenAI's site, the specifics about his Sequoia stake remain murky, highlighting the complexities of founder equity in rapidly evolving companies like OpenAI.
As the value of OpenAI soared from $14 billion to $157 billion, the stakes involving significant investors like Sequoia became all the more notable. However, the details surrounding Altman’s past investment through Sequoia are unspecified, leaving important questions around timing and amount unanswered. Altman emphasizes his current lack of financial incentive moving forward, stating there’s "no current plan or promise for me to get anything," reaffirming his expressed passion for the company over profit.
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