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Some VCs are over the Sam Altman hype
  + stars: | 2024-03-26 | by ( Darius Rafieyan | ) www.businessinsider.com   time to read: +8 min
In late 2023, when OpenAI sought $300 million from investors, CEO Sam Altman chose a different approach. In some corners of this clubby world, over $7 coffee and artisanal cocktails, the meteoric rise of OpenAI and Sam Altman is giving way to an inevitable backlash. "He's a kingmaker," a Silicon Valley startup founder and angel investor who knows Altman. Sam Altman and OpenAI did not respond to requests for comment. A certain somethingMany of the VCs who spoke with BI said Altman has a certain something.
Persons: , OpenAI, Sam Altman, Altman, they'd, I've, Ali Ghodsi, Altman's, Ghodsi, Steve Jobs's, Paul Graham, he's, Sam, Jack Altman, It's, it's, Elon, Alexander the Great, Adam Neumann Organizations: Service, NEA, Business, Altman's, The Washington Post, The, YC, BI, WeWork Locations: Sequoia, Silicon Valley, The, San Francisco
Sam Altman's high-profile firing has drawn comparisons to Timnit Gebru's exit from Google. Some tech observers and "Black Twitter" asked: "What if Sam Altman were a Black woman?" Sam Altman's shocking ouster— and reinstatement — to OpenAI drew comparisons to Steve Jobs's exit and eventual return to Apple . But a less obvious comparison has been drawn that asks the question: "What if Sam Altman was a Black Woman?" Advertisement"What If Sam Altman Were A Black Woman?
Persons: Sam Altman's, Sam Altman, , OpenAI, Steve Jobs's, Timnit, Altman, wasn't, Gebru's, Googlers, Jeff Dean, WVBvXJZwh0 — Daniel, @growing_daniel, Eric Schmidt —, Kimberly Bryant, Bryant, TechCrunch's Dominic, Madori Davis, Greg Brockman, z5Dc1BbhbQ — Taylor Poindexter, @engineering_bae, aren't, Émile Torres, Black, Gebru, Torres Organizations: Google, Service, Apple, Microsoft, Tech, Black Locations: America, OpenAI
Reed Jobs, the son of Steve Jobs, launched Yosemite, a VC firm that will invest in cancer treatments. Reed Jobs, Steve Jobs's oldest son, is striking out on his own. Jobs, one of three children of the Apple cofounder and philanthropist Laurene Powell Jobs, is launching Yosemite, a venture capital firm that will invest in new cancer treatments, according to a press release. The 31-year-old was inspired by his father to start the fund after Steve Jobs died from complications of pancreatic cancer in 2011, he told The New York Times. Jobs's latest business venture will build on his previous work as a managing director at the Emerson Collective, the mission-driven corporation founded by his mother.
Persons: Reed Jobs, Steve Jobs, Jobs, mother's Emerson, Steve Jobs's, Laurene Powell Jobs, John Doerr, Emerson, , Walter Isaacson, Yosemite Organizations: VC, Apple, New York Times, Memorial Sloan Kettering Cancer Center, The Rockefeller University, Times, Emerson, Emerson Collective's, Stanford Locations: Yosemite, Hawaii
Today, Apple is launching itself into a whole new area of gadgets. No one seems to care, with Apple reportedly projecting low sales the first year. Just about 16 years ago — on June 29, 2007 — the Internet was introduced to a new micro-celebrity. The fact remains that behind him on that day 192 months ago, a line curled around the block. Did you even know, before you opened this post, that today, Apple is launching another massive new product?
Persons: Greg Packer, Dima Gavrysh, REMY, Steve Jobs's, Hasan Chowdhury, Dan Ives, Siri Organizations: Apple, Press, LA, Associated, Reuters, Developers, Bloomberg, Wedbush Securities Locations: New York, France, Cupertino
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