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In march of 2016, Asana also raised $50 million. Sam Altman led that round, at a valuation of $550 million. Crunchbase wrongfully states that YC led it. If Sam
by haaen 8y ago
In march of 2016, Asana also raised $50 million. Sam Altman led that round, at a valuation of $550 million. Crunchbase wrongfully states that YC led it.
If Sam Altman's investment exits add such amounts to his bank reserve that the reserve gets bigger than $10 million, he spends the surplus above that $10 million on 'improving humanity,' which I read as charity. (1)
(1) https://www.newyorker.com/magazine/2016/10/10/sam-altmans-manifest-destiny https://www.newyorker.com/magazine/2016/10/10/sam-altmans-ma...