Sam Altman
Sam Altman | |
---|---|
Born | Samuel H. Altman April 22, 1985 |
Nationality | American |
Citizenship | United States |
Alma mater | Stanford University (dropped out) |
Occupation | Entrepreneur |
Known for | Loopt, Y Combinator, OpenAI |
Title | CEO of OpenAI LP and former president of Y Combinator |
Website | blog |
Samuel H. Altman (/ˈɔːltmən/; born April 22, 1985) is an American entrepreneur, investor, programmer, and blogger.[1] He is the CEO of OpenAI and the former president of Y Combinator.[2][3]
Early life and education[]
Altman grew up in St. Louis, Missouri; his mother is a dermatologist. He received his first computer at the age of 8.[4] He was raised Jewish.[5] He attended John Burroughs School for high school and studied computer science at Stanford University until dropping out in 2005.[6] In 2017, he received an honorary degree from the University of Waterloo.[7] Altman is gay, and has been out since his youth.[8]
Career[]
Loopt[]
In 2005, at age 19,[9] Altman co-founded and became CEO of Loopt,[10] a location-based social networking mobile application. After raising more than $30M in venture capital, Loopt was shut down in 2012 after failing to get traction. It was acquired by the Green Dot Corporation for $43.4 million.[11][12]
Y Combinator[]
Altman began as a part-time partner at Y Combinator in 2011.[13] In February 2014, Altman was named president of Y Combinator by its cofounder Paul Graham.[14][15] His first batch of investments included Loopt. In a 2014 blog post, Altman said that the total valuation of Y Combinator companies had surpassed $65 billion, including well-known companies like Airbnb, Dropbox, Zenefits and Stripe.[16] In September 2016, Altman announced that he would become president of YC Group, which included Y Combinator and other units.[17]
Altman said that he hoped to expand Y Combinator to fund 1,000 new companies per year. He also tried to expand the types of companies funded by YC, especially 'hard technology' companies.[18]
In October 2015, Altman announced YC Continuity, a $700 million growth-stage equity fund that invests in YC companies.[19] Also in October 2015, Altman announced Y Combinator Research, a non-profit research lab, and donated $10 million to the group.[20] YC Research has thus far announced research on basic income, the future of computing, education, and building new cities.[21]
Altman was named the top investor under 30 by Forbes in 2015,[22] one of the "Best Young Entrepreneurs in Technology" by BusinessWeek in 2008[23] and listed as one of the five most interesting startup founders between 1979 and 2009 by his colleague Paul Graham.[24]
In March 2019, YC announced Altman's transitioning into a Chairman position to focus more on OpenAI.[25] This decision came shortly after YC announced it would be moving its headquarters to San Francisco.[26] Today, he is no longer affiliated with YC.
Angel investing[]
He is an investor in many companies, including Airbnb, Stripe, Reddit, Asana, Pinterest, Teespring, Zenefits, FarmLogs, True North, Shoptiques, Instacart, Optimizely, Verbling, Soylent, Reserve, Vicarious, Clever, Notable PDF (now Kami)[27][28] and Change.org.[citation needed]
He was the CEO of Reddit for eight days in 2014 after CEO Yishan Wong resigned.[29] He announced the return of Steve Huffman as CEO on July 10, 2015.[30]
Nuclear energy[]
He is chairman of the board for Helion and Oklo, two nuclear energy companies. He has said that nuclear energy is one of the most important areas of technological development.[31]
OpenAI[]
Altman is the CEO of OpenAI. OpenAI is a for profit research company whose goal is to advance digital intelligence in a way that is most likely to benefit humanity as a whole, rather than cause harm.[32]
Philanthropy[]
During the COVID-19 pandemic Altman helped fund and create Project Covalence which aimed to help researchers rapidly launch clinical trials in partnership with TrialSpark a clinical trial startup.[33][34]
Politics[]
In 2019 Altman held a fundraiser at his house in San Francisco for Democratic presidential candidate Andrew Yang.[35]
In May 2020 Altman donated $250k to American Bridge 21st century, a Super-PAC supporting Democratic presidential candidate Joe Biden.[36][37]
References[]
- ^ "Sam Altman". SamAltman.com. Archived from the original on December 11, 2015. Retrieved December 15, 2015.
- ^ Graham, Paul (April 24, 2014). "Sam Altman for President". Y Combinator. Archived from the original on March 25, 2017. Retrieved March 20, 2017.
- ^ "OpenAI". Archived from the original on August 8, 2017. Retrieved March 20, 2017.
- ^ Junod, Tom (December 18, 2014). "How Venture Capitalists Find Opportunities in the Future". Esquire. Archived from the original on December 20, 2015. Retrieved December 15, 2015.
- ^ "Sam Altman's Manifest Destiny". The New Yorker. Archived from the original on 17 May 2017. Retrieved 17 May 2017.
- ^ "People". Y Combinator. Archived from the original on June 25, 2014. Retrieved December 15, 2015.
- ^ "Spring 2017 honorary and award recipients". Registrar's Office. University of Waterloo. Archived from the original on December 1, 2017. Retrieved July 7, 2017.
- ^ Lendup (April 11, 2017). "On AI, the Future of America, and Being Gay in Tech: Q&A with Sam Altman". Archived from the original on 2020-06-30. Retrieved 2020-06-30.
- ^ Ankeny, Jason (April 25, 2015). "Meet Y Combinator's Bold Whiz Kid Boss". Archived from the original on December 22, 2015. Retrieved December 15, 2015.
- ^ "Executives". Loopt. Archived from the original on February 16, 2012. Retrieved December 15, 2015.
- ^ "Startup Loopt Lands with Green Dot". Wall Street Journal. March 9, 2012. Archived from the original on March 13, 2012. Retrieved March 13, 2012.
- ^ "Sam Altman: Why customer love is all you need | Masters of Scale podcast". WaitWhat. Archived from the original on 2018-03-20. Retrieved 2018-03-20.
- ^ "Y Combinator president Sam Altman is stepping down amid a series of changes at the accelerator". TechCrunch. Retrieved 2019-03-18.
- ^ "Garry Tan Says Goodbye to Y Combinator". TechCrunch. Retrieved 2019-03-18.
- ^ Graham, Paul (April 24, 2014). "Sam Altman for President". Y Combinator. Archived from the original on March 25, 2017. Retrieved December 15, 2015.
- ^ "YC Stats". Y Combinator. August 26, 2015. Archived from the original on December 18, 2015. Retrieved December 19, 2015.
- ^ Altman, Sam. "YC Changes". Y Combinator. Archived from the original on November 7, 2016. Retrieved November 7, 2016.
- ^ "Y Combinator President Sam Altman is Dreaming Big". Fast Company. April 16, 2015. Archived from the original on July 22, 2015. Retrieved July 22, 2015.
- ^ "YC Continuity". Y Combinator. October 15, 2015. Archived from the original on December 18, 2015. Retrieved December 19, 2015.
- "YC Continuity". VentureBeat. October 15, 2015. Archived from the original on December 22, 2015. Retrieved December 19, 2015. - ^ "YC Research". Y Combinator. October 7, 2015. Archived from the original on February 15, 2016. Retrieved February 19, 2016.
- ^ "Y Combinator Research". YC Research. Archived from the original on 11 June 2016. Retrieved 3 August 2016.
- ^ "Forbes' 30 Under 30 2015: Venture Capital". Forbes. January 5, 2015. Archived from the original on February 20, 2015. Retrieved February 28, 2015.
- ^ "Tech's Best Young Entrepreneurs". BusinessWeek. April 18, 2008. Archived from the original on April 28, 2009. Retrieved April 19, 2009.
- ^ Graham, Paul (April 2009). "Five Founders". Archived from the original on April 17, 2009. Retrieved April 19, 2009.
- ^ Loizos, Connie (2019-03-09). "Did Sam Altman make YC better or worse?". TechCrunch. Retrieved 2020-02-03.
- ^ "Y Combinator president Sam Altman is stepping down amid a series of changes at the accelerator". TechCrunch. Retrieved 2020-02-03.
- ^ Altman, Sam. "Angel List". Angel List. Archived from the original on May 9, 2015. Retrieved April 20, 2015.
- ^ "How Notable PDF built an annotation tool for PDFs on the web". 2017-04-05. Archived from the original on 2017-04-05. Retrieved 2018-03-26.
- ^ "A New Team At Reddit". Sam Altman. November 13, 2014. Archived from the original on February 13, 2015. Retrieved February 13, 2015.
- ^ "An Old Team At Reddit". reddit. Archived from the original on December 26, 2015. Retrieved July 13, 2015.
- ^ "Energy". Sam Altman. Archived from the original on June 29, 2015. Retrieved July 13, 2015.
- ^ "OpenAI". Archived from the original on August 8, 2017. Retrieved December 15, 2015.
- ^ "Teaming tech and pharma, effort seeks to speed Covid-19 clinical trials". STAT. 2020-06-16. Archived from the original on 2020-10-18. Retrieved 2020-10-17.
- ^ "Project Covalence". Sam Altman. Archived from the original on 2020-10-22. Retrieved 2020-10-17.
- ^ Russell, Melia. "Andrew Yang preached his tech-friendly gospel at Sam Altman's San Francisco house: You can't treat tech like oil companies and breaking up Amazon won't bring malls back". Business Insider. Archived from the original on 2020-07-02. Retrieved 2020-06-30.
- ^ Tindera, Michela. "Silicon Valley's Sam Altman Gave $250,000 To Democratic Super-PAC Supporting Biden". Forbes. Archived from the original on 2020-07-03. Retrieved 2020-06-30.
- ^ "FEC Filings" (PDF). Archived (PDF) from the original on 2020-06-09.
External links[]
- Altman's blog (2010 to date)
- 21st-century American businesspeople
- American computer programmers
- American Jews
- Businesspeople in information technology
- Living people
- Stanford University alumni
- 1985 births
- LGBT people from Missouri
- Y Combinator people
- Businesspeople from St. Louis
- Gay men