Sam Altman

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Samuel H. "Sam" Altman (born April 22, 1985) is an American entrepreneur, investor, programmer, and blogger.

He is the chairman of Y Combinator and co-chairman of OpenAI.

Early life and education

Altman grew up in St. Louis, Missouri; his mother is a dermatologist. He received his first computer at the age of 8. He was raised Jewish. He attended John Burroughs School for high school and studied computer science at Stanford University until dropping out in 2005. In 2017, he received an honorary degree from the University of Waterloo. Altman is gay, and has been out since his youth.

Personal life

Altman has been vegetarian since childhood.

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Career

Altman co-founded and became CEO of Loopt, a location-based social networking mobile application. Loopt was shut down in 2012 after raising more than $30 million in venture capital after struggling to gain traction. The Green Dot Corporation acquired it for $43.4 million.

Altman joined Y Combinator as a part-time employee in 2011. Altman was named president of Y Combinator by its cofounder Paul Graham in February 2014. Loopt was included in his first batch of investments. Altman said in a 2014 blog post that the total value of Y Combinator companies had surpassed $65 billion, including well-known companies such as Airbnb, Dropbox, Zenefits, and Stripe. Altman declared in September 2016 that he would become the president of YC Group, which included Y Combinator and other units.

Altman said he wished to fund 1,000 new companies per year. He also attempted to expand the type of companies supported by YC, particularly 'hard technology' firms.

Altman's YC Continuity, a $700 million growth-stage equity fund that invests in YC firms, was announced in October 2015. Altman also announced Y Combinator Research, a non-profit research lab, in October 2015, and donated $10 million to the group. YC Research has also published data on basic income, the future of computing, education, and designing new cities.

Altman was named one of the top investors under 30 by Forbes in 2015, one of the "Top Young Entrepreneurs in Technology" by BusinessWeek in 2008 and listed as one of the top five most influential startup founders between 1979 and 2009.

Altman's transfer into a Chairman role will help focus more on OpenAI in March 2019. This action came right after YC revealed that its headquarters would be relocated to San Francisco. He is no longer affiliated with YC as of early 2020.

He is an investor in many companies, including Airbnb, Stripe, Reddit, Asana, Pinterest, Teespring, Zenefits, FarmLogs, True North, Shoptiques, Optimizely, Verbling, Soylent, Reserve, Vicarious, Change.org) and Change.org.

In 2014, he was the CEO of Reddit for eight days after CEO Yishan Wong resigned. On July 10, 2015, Steve Huffman announced the return of him as CEO.

He is chairman of Helion and Oklo, two nuclear energy companies. Nuclear energy, he has said, is one of the most important areas of technological advancement.

OpenAI's CEO, Altman, is the CEO. OpenAI is a profit-based research firm whose aim is to advance digital intelligence in a way that is more likely to benefit humanity as a whole rather than cause harm. Altman, Brockman, Musk, Jessica Livingston, Peter Thiel, Amazon Web Services, Infosys, and YC Research all contributed to the organization. When the company first opened in 2015, they had received $1 billion from outside funders. So far, funders have earned $1 billion.

In 2020, Altman co-founded Worldcoin. Worldcoin hopes to make its latest digital currency available to every human on Earth by using privacy-protected iris recognition to ensure that their customers do not claim their free membership more than once. After local contractors left or legislation made doing business impossible, Worldcoin suspended operations in several countries.

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