4 ms·

Sam is investing personally, not YC.

• bfwi 11y ago
  I don't imagine Sam Altman made enough money from the sale of Loopt to lead a $50m round (only guesswork though). Is he somehow leveraged by having raised a fund for "personal investments". The latter would be a really interesting. Maybe @sama himself could answer this, if it's not too personal.
  • beeboop 11y ago
    Asana blog makes it clearer: >Today Asana closed a Series C financing round, raising $50M in new capital. The round was led by Y Combinator president Sam Altman. Sam participated alongside a number of other customers, investors, and leaders for whom we have deep respect. Sam is only part of that $50MM.
  • cellis 11y ago
    I'm sure he's made money as a partner/president of YC, too. Perhaps tens of millions?