Sam Altman had no equity in OpenAI https://www.cnbc.com/2023/03/24/openai-ceo-sa... | Hacker News

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		samspenc on Nov 17, 2023 \| parent \| context \| favorite \| on: OpenAI's board has fired Sam Altman Sam Altman had no equity in OpenAI https://www.cnbc.com/2023/03/24/openai-ceo-sam-altman-didnt-... He confirmed it verbally as well in his May 2023 hearing in Congress https://twitter.com/thesamparr/status/1658554712151433219?la...

nonfamous on Nov 17, 2023 [–]

From https://openai.com/our-structure :

> Even OpenAI’s CEO, Sam Altman, does not hold equity directly. His only interest is indirectly through a Y Combinator investment fund that made a small investment in OpenAI before he was full-time.

That word “directly” seems to be relevant here.

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