sam altman bio

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Investments of sam altman

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  • Education[edit]

    Altman studied computer science at Stanford University, and dropped out in 2005.[2]

    Career[edit] Y Combinator[edit]

    In 2014, Altman was named president of Y Combinator, regarded as the best seed-

    stage accelerator in the world by its founders[3] as well as the most commercially

    successful.[4]Altman announced in a 2014 blog post that the total valuation of all Y

    Combinator companies had surpassed $30 billion, including well-known companies

    like Airbnb, Dropbox,Zenefits and Stripe.[5]

    Altman has stated that he hopes to grow Y Combinator so that it eventually funds 1,000

    new companies per year. He has also increased the types of companies funded by YC,

    especially on so-called "hard technology" companies. [6]

    In July of 2015, Altman announced the YC Fellowship, a new program to give grants of

    $12,000 and advice to very early-stage startups. [7]

    Altman was named the top investor under 30 by Forbes in 2015,[8] one of the "Best

    Young Entrepreneurs in Technology" by BusinessWeek in 2008[9] and listed as one of

    the five most interesting startup founders between 1979 and 2009 by his colleague Paul

    Graham.[10]

    Pre-YC angel investing[edit]

    He is an investor in many companies,

    including Stripe, Shoptiques, Teespring, Zenefits, reddit,

    FarmLogs, Instacart, Pinterest, Optimizely, Airbnb, Verbling, Soylent, Vicarious, Clever,

    Notable PDF[11][12] and Change.org.

    He was the CEO of reddit for 8 days in 2014 after the then-CEO Yishan

    Wong resigned.[13] As part of his investment, he developed a new way for the community

    to own part of the company. He announced the return of Steve Huffman as CEO on July

    10, 2015.[14]

    Nuclear Energy[edit]

    He is Chairman of the Board for Helion and uPower, two nuclear energy companies. He

    has stated a belief that nuclear energy is one of the most important technological

    developments for the future.[15]

    Loopt[edit]

  • He was previously a co-founder and CEO of Loopt,[16] a location-based social

    networking mobile application, which was acquired by Green Dot Corporation [17]