Sam Altman offers $2 million in OpenAI tokens to every startup in the current Y Combinator batch in exchange for equity
Announcement made at live Y Combinator event using retail token values
#8Sam Altman@SAMAi am excited to see what will happen with tokenmaxxing startups, both for how they work internally and the products they can build.
openai offered to invest $2M in tokens into every startup in the current yc batch.
happy building!
Tyler Bosmeny@bosmenyA mic drop moment @ycombinator tonight @sama just offered $2M in OpenAI tokens to EVERY YC startup in the current batch in exchange for equity Just like Yuri Milner offering to invest in every startup back when Sam was a YC partner I can't wait to see what's unlocked when you let the most driven, creative and formidable founders tokenmaxx
#19Greg Brockman@GDBopenai offering to invest $2M in API credits in every @ycombinator startup in the current batch. compute for powering the next generation of startups.
Tyler Bosmeny@bosmenyA mic drop moment @ycombinator tonight @sama just offered $2M in OpenAI tokens to EVERY YC startup in the current batch in exchange for equity Just like Yuri Milner offering to invest in every startup back when Sam was a YC partner I can't wait to see what's unlocked when you let the most driven, creative and formidable founders tokenmaxx
#270Garry Tan@GARRYTANTokenmaxxing confirmed
Tyler Bosmeny@bosmenyA mic drop moment @ycombinator tonight @sama just offered $2M in OpenAI tokens to EVERY YC startup in the current batch in exchange for equity Just like Yuri Milner offering to invest in every startup back when Sam was a YC partner I can't wait to see what's unlocked when you let the most driven, creative and formidable founders tokenmaxx
#321Robert Scoble@SCOBLEIZER@garrytan Yes:
@Jason @DylanSLiu At Rackspace I handed out same to startups.
Most profitable marketing we did.
Some of them turned into huge customers.
@jason@JasonFair warning, YC founders: if you take these tokens, there’s a non-zero chance that OpenAI will study exactly what your startup is doing, copy your idea and put your app into their free offering. This is the classic platform playbook — be careful, founders!
@Jason That’s very true Jason. People need to be aware..
@jason@JasonFair warning, YC founders: if you take these tokens, there’s a non-zero chance that OpenAI will study exactly what your startup is doing, copy your idea and put your app into their free offering. This is the classic platform playbook — be careful, founders!
#1061@jason@JASONFair warning, YC founders: if you take these tokens, there’s a non-zero chance that OpenAI will study exactly what your startup is doing, copy your idea and put your app into their free offering.
This is the classic platform playbook — be careful, founders!
Tyler Bosmeny@bosmenyA mic drop moment @ycombinator tonight @sama just offered $2M in OpenAI tokens to EVERY YC startup in the current batch in exchange for equity Just like Yuri Milner offering to invest in every startup back when Sam was a YC partner I can't wait to see what's unlocked when you let the most driven, creative and formidable founders tokenmaxx
#1759Matthew Berman@MATTHEWBERMANKind of a brilliant move from Sam.
Discounted investing terms ($2m in tokens at their retail price, not OpenAI’s cost).
Tyler Bosmeny@bosmenyA mic drop moment @ycombinator tonight @sama just offered $2M in OpenAI tokens to EVERY YC startup in the current batch in exchange for equity Just like Yuri Milner offering to invest in every startup back when Sam was a YC partner I can't wait to see what's unlocked when you let the most driven, creative and formidable founders tokenmaxx
@sama @ycombinator $2m in tokens in exchange for equity?
Sam Altman@samai am excited to see what will happen with tokenmaxxing startups, both for how they work internally and the products they can build. openai offered to invest $2M in tokens into every startup in the current yc batch. happy building!
