OpenAI will provide $2 million in tokens to every startup in the current Y Combinator batch in exchange for equity
Sam Altman presented the offer at a Y Combinator event.
three of the things we are most excited about:
1. AGI accelerating research 2. AGI accelerating companies 3. personal AGI accelerating everyone in achieving their goals
today it was great to announce the unit distance result.
yesterday it was great to announce that we are offering to invest $2M in openai credits into every YC company.
now we need to increase our efforts on the third!
#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 for YC companies:
Y Combinator@ycombinatorOpenAI is offering $2M in tokens to every YC company in the spring and summer batches. We extended the summer deadline to May 25 so more founders can get in on it. http://ycombinator.com/apply
#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!
@sama Can I use my personal AGI to build my moon base
Sam Altman@samathree of the things we are most excited about: 1. AGI accelerating research 2. AGI accelerating companies 3. personal AGI accelerating everyone in achieving their goals today it was great to announce the unit distance result. yesterday it was great to announce that we are offering to invest $2M in openai credits into every YC company. now we need to increase our efforts on the third!
#839Beff (e/acc)@BEFFJEZOS1) Acceleration 2) Acceleration 3) Acceleration
Yeah, I think we're accelerating.
Sam Altman@samathree of the things we are most excited about: 1. AGI accelerating research 2. AGI accelerating companies 3. personal AGI accelerating everyone in achieving their goals today it was great to announce the unit distance result. yesterday it was great to announce that we are offering to invest $2M in openai credits into every YC company. now we need to increase our efforts on the third!
@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!
@Jason This must sound so smart if you’re stupid
@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!
