3 ms·
> The moves follow an April article in The Wall Street Journal that detailed Altman’s efforts to have OpenAI back companies he personally invested in. Sounds a
by graemep 6mo ago
> The moves follow an April article in The Wall Street Journal that detailed Altman’s efforts to have OpenAI back companies he personally invested in.
Sounds a bit like Wework.
- baggachipz 6mo agoEverything about OpenAI sounds like WeWork. Can't wait to see that S1, I'll need a truckload of popcorn.
- bombcar 6mo agoTo be fair, a big part of being in Y Combinator itself is being "heavily encouraged" to use products from other Y Combinators. You just have to do it openly.
- graemep 6mo agoNetworking and relationship building is fine. its when it goes beyond that, and in particular when there are conflicts of interest, it becomes a problem. Altman seems to have had similar issues when he was at YC: https://www.newyorker.com/magazine/2026/04/13/sam-altman-may-control-our-future-can-he-be-trusted https://www.newyorker.com/magazine/2026/04/13/sam-altman-may... Doing business with companies connected to the CEO often creates a conflict of interest. it could all be OK, of course, but OpenAI investing in companies that Altman has already invested in does not look great and needs to be investigated.
- torlok 6mo agoSounds a lot like what Musk does, except maybe that Musk uses his companies to outright bail himself out.