Discussion

• @sama Sam Altman on x

  i am excited to see what will happen with tokenmaxxing startups, both for how they work internally and the products they can build. openai offered to invest $2M in tokens into every startup in the current yc batch. happy building!

• @garrytan Garry Tan on x

  Tokenmaxxing confirmed

• @matthewberman Matthew Berman on x

  Kind of a brilliant move from Sam. Discounted investing terms ($2m in tokens at their retail price, not OpenAI's cost).

• @bosmeny Tyler Bosmeny on x

  A mic drop moment @ycombinator tonight @sama just offered $2M in OpenAI tokens to EVERY YC startup in the current batch in exchange for equity Just like Yuri Milner offering to invest in every startup back when Sam was a YC partner I can't wait to see what's unlocked when you [im…

• @jason @jason on x

  Fair warning, YC founders: if you take these tokens, there's a non-zero chance that OpenAI will study exactly what your startup is doing, copy your idea and put your app into their free offering. This is the classic platform playbook — be careful, founders!

• @yoeven @yoeven on x

  Why not give a cash investment instead and be the best so we naturally use OpenAI tokens, isn't that better as a two way incentive rather than a lock in?

• @gdb Greg Brockman on x

  openai offering to invest $2M in API credits in every @ycombinator startup in the current batch. compute for powering the next generation of startups.

• @natebjones Nate on x

  Tokens as a form of currency (store of value for the intelligence age) is a concept that I think has more and more traction moving forward. Stripe is running against this theme as well

• @stanine Matt MacInnis on x

  I miss the days of payrollmaxxing

• @the_ai_investor @the_ai_investor on x

  Wow this is insane. Sam Altman confirms OpenAI's offer of $2M in tokens to every startup in the current Y Combinator batch in exchange for equity. It looks like we're already living in a token economy world. Most people thought Sam Altman was crazy for pursuing $1.4T compute

• @brycent @brycent on x

  Unless you are doing absurd revenue numbers to the point where you feel you don't need the free tokens. MOST of the YC batch should take this deal, basically years of token runrate to just build with codex.

• @lauramodiano Laura Modiano on x

  A good day and a full house at @ycombinator with @sama today! [image]

• @t_blom Tom Blomfield on x

  This is bullish for startups. OpenAI is willing to exchange $800m of compute for ~2% equity in 400 YC startups. That's only a bet you make if you believe the equity has the potential to be very valuable.

• @autismcapital @autismcapital on x

  What is there even to say? He's a genius operator. Offer people nothing for something. Get them locked into the OpenAI ecosystem. Collect equity. Collect information. Further the narrative that compute is the new water and control the flow. Dig your tendrils deeper into the world

• @benitoz Ben Pouladian on x

  OpenAI just paid YC startups in tokens, not dollars. The TokenDollar isn't a thesis anymore. It's seed round terms. Compute is the new equity, memory bandwidth is the new gold standard, and the AI economy now runs on its own native currency.

• @agupta Ankit Gupta on x

  one of the clutch perks of being a partner at YC is having unlimited budget to spend on tokens. curious to see what startups that take this offer and adopt that mindset build

• r/singularity r on reddit

  Sam Altman Offers YC Founders $2 Million in OpenAI Tokens For Equity