Posted 3/31/2024, 7:15:00 AM
Altman's Golden Touch: Early Bets on Reddit, Airbnb, Uber Net Massive Returns for OpenAI CEO
- Sam Altman is CEO of OpenAI and has made successful investments in startups like Reddit, Airbnb, Uber, and Asana
- His stake in Reddit is worth an estimated $600 million after its IPO pop
- Altman invested early in Airbnb and Uber, turning $100k investments into massive returns as the companies grew
- He was the lead investor in Asana's $50M Series C round and sees its potential to increase productivity
- Of Altman's investments discussed, Airbnb seems the best long-term bet due to steady growth, strong margins, and new products on the horizon