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The story behind the story

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Source: YC owns ~0.6% of OpenAI, which was seeded by a YC offshoot called YC Research in 2016; at OpenAI's current $852B valuation, the stake is worth $5B+

Speaking of companies with valuable minority stakes in AI companies, there's one thing that stuck in my craw about the blockbuster …

Daring Fireball John Gruber

Discussion

  • @pitdesi Sheel Mohnot on x
    Wow- YC owns 0.6% of OpenAI. Their stake is currently valued at $5B, which probably makes it their largest stake in any company. per @daringfireball https://daringfireball.net/...