Sam Altman
| Sam Altman | |
|---|---|
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| Born |
Samuel H. Altman April 22, 1985 Chicago, Illinois |
| Residence | San Francisco, California |
| Nationality | American |
| Alma mater | Stanford University (dropped out) |
| Occupation | Venture capitalist |
| Known for | Loopt, Y Combinator |
| Title | President of Y Combinator |
| Website | Sam Altman's blog |
Samuel H. "Sam" Altman (born April 22, 1985) is an American entrepreneur, programmer, venture capitalist and blogger. He is the president of Y Combinator and co-chairman of OpenAI.
Altman grew up in St. Louis, Missouri, where he received his first computer at the age of 8. He attended John Burroughs School and studied computer science at Stanford University until dropping out in 2005.
At age 19, Altman was a co-founder and CEO of Loopt, a location-based social networking mobile application. Loopt was acquired in 2012 by Green Dot Corporation for $43.4 million.
In 2014, Altman was named president of Y Combinator, which funded the startup he co-founded in the first batch of funded companies in 2005. In a 2014 blog post, Altman stated that the total valuation of all Y Combinator companies had surpassed $65 billion, including well-known companies like Airbnb, Dropbox, Zenefits and Stripe. In September 2016 Altman announced that he will be president of YC Group, which includes Y Combinator and other units.
Altman has said that he hopes to expand Y Combinator so that it eventually funds 1,000 new companies per year. He has also made an effort to expand the types of companies funded by YC, especially 'hard technology' companies.
In October 2015, Altman announced YC Continuity, a $700 million growth-stage equity fund that invests in YC companies. Also in October 2015, Altman announced Y Combinator Research, a non-profit research lab, and donated $10 million to the group. YC Research has thus far announced research on basic income, the future of computing, education, and building new cities.
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