Sam Altman Offers $2M Worth of OpenAI Tokens to Y Combinator Startups for Equity

During a recent event, Sam Altman offered every startup in the current Y Combinator cohort $2 million worth of OpenAI tokens in exchange for equity. The deal is structured as an uncapped SAFE and will convert during each startup's first priced round, typically their Series A funding.

By Julie Bort · TechCrunch ·

Sam Altman Offers $2M Worth of OpenAI Tokens to Y Combinator Startups for Equity

Topics: equity funding OpenAI tokens YC

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