I don’t know what the LOI states of every piece of fine print and I’m not affiliated with them in any way, but what we do know is that at IN 2018, the moment of

I don’t know what the LOI states of every piece of fine print and I’m not affiliated with them in any way, but what we do know is that at IN 2018, the moment of that decision, the information available at the time was: The odds of success of that 1M investment and the chip company were closer to 0 than 100% The odds of success of openai in a competitive environment with massive monopolies who were building AI was closer to 0 than 100%. Trump was president. He was rattling the chains of every trade partner and China was threatening the most important chip-making places. Sam altman was co-chairman of OpenAI, not CEO, and still led YC. There could be plenty of other things about him to be concerned about, but this investment, with the information we have about that time, is not. Especially because you don’t get AI without chips.