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Sam Altman claimed to have written a $375 million check from his own money to invest in Helion Energy. Maybe when all the lawsuits happen we will know more abo
by baking 3y ago
Sam Altman claimed to have written a $375 million check from his own money to invest in Helion Energy. Maybe when all the lawsuits happen we will know more about his investments.
- 93po 3y agoLike a literal check, or a proverbial check where his illiquid assets serve as collateral to a bank who writes the check?
- baking 3y agoI'm not finding the quote, but he has claimed it in front of an audience. I should point out that he is Executive Chair of Helion so I assume he still has some control over how the money is spent. One of those bets is on the fusion power startup Helion Energy, into which he’s poured more than $375 million, he told CNBC in 2021. The other is Retro, to which Altman cut checks totaling $180 million the same year. “It’s a lot. I basically just took all my liquid net worth and put it into these two companies,” Altman says. https://www.technologyreview.com/2023/03/08/1069523/sam-altman-investment-180-million-retro-biosciences-longevity-death/ https://www.technologyreview.com/2023/03/08/1069523/sam-altm...