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Angel Investor (Individual)

Investments

101

Portfolio Exits

26

About Sam Altman

Sam Altman is the co-founder and CEO of Loopt, a location-based social networkng mobile application.

Headquarters Location

Mountain View, California,

United States

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Research containing Sam Altman

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CB Insights Intelligence Analysts have mentioned Sam Altman in 1 CB Insights research brief, most recently on Nov 10, 2021.

Latest Sam Altman News

Jony Ive and OpenAI in Talks to Build 'the iPhone of Artificial Intelligence'

Sep 28, 2023

Jony Ive and OpenAI in Talks to Build 'the iPhone of Artificial Intelligence' Thursday September 28, 2023 2:00 am PDT Former Apple designer Jony Ive and OpenAI's Sam Altman are in advanced talks with SoftBank's Masayoshi Son to launch a $1 billion venture to build "the iPhone of artificial intelligence," according to the Financial Times . The news follows a report on Wednesday that claimed Ive and Altman are in discussions about creating an AI gadget. According to FT, Altman wants Ive's design agency LoveFrom to help develop the ChatGPT creator's first consumer device. From the paywalled report: Altman and Ive have held brainstorming sessions at the designer's San Francisco studio about what a new consumer product centered on OpenAI's technology would look like, the people said. They hope to create a more natural and intuitive user experience for interacting with AI, in the way that the iPhone's innovations in touchscreen computing unleashed the mass-market potential of the mobile internet. The process of identifying a design or device remains at an early stage with many different ideas on the table, they said. Son, Softbank's founder and CEO, has been involved in some of the discussions, which have centered around creating a company drawing from Softbank, Altman's OpenAI, and Ive's LoveFrom design agency. Son is said to be pitching a central role for British chip designer Arm, in which the Japanese conglomerate holds a 90% stake. Son is also offering $1 billion investment in the venture, according to the report. Ive is said to have been concerned about the compulsive nature of smartphone users' behavior, and the designer sees the project as an opportunity to create a way of interacting with computers that is less reliant on screens. Discussions are said to be "serious," but no deal has been agreed, and it could be several months before any official announcement, cautioned people with knowledge of the matter. Any resulting device would likely remain years away from launching. Ive left Apple to begin LoveFrom in 2019, recruiting at least four of his former Apple colleagues to work with him at the firm, including Wan Si, Chris Wilson, Patch Kessler, and Jeff Tiller.

Sam Altman Investments

101 Investments

Sam Altman has made 101 investments. Their latest investment was in Slope as part of their Angel on September 9, 2023.

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Sam Altman Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/27/2023

Angel

Slope

$30M

No

2

9/27/2023

Series B

Slope

$30M

Yes

3

9/25/2023

Seed VC

Teachme.To

$2M

Yes

2

7/29/2023

Series C

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$99M

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10

6/22/2023

Series B

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$99M

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10

Date

9/27/2023

9/27/2023

9/25/2023

7/29/2023

6/22/2023

Round

Angel

Series B

Seed VC

Series C

Series B

Company

Slope

Slope

Teachme.To

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Amount

$30M

$30M

$2M

$99M

$99M

New?

No

Yes

Yes

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Co-Investors

Sources

2

3

2

10

10

Sam Altman Portfolio Exits

26 Portfolio Exits

Sam Altman has 26 portfolio exits. Their latest portfolio exit was Heap on September 28, 2023.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/28/2023

Acquired

$99M

3

9/19/2023

IPO

$99M

Public

13

3/16/2023

Acquired

$99M

5

1/16/2023

Merger

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$99M

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10

9/21/2022

Reverse Merger

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$99M

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10

Date

9/28/2023

9/19/2023

3/16/2023

1/16/2023

9/21/2022

Exit

Acquired

IPO

Acquired

Merger

Reverse Merger

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Public

Subscribe to see more

Subscribe to see more

Sources

3

13

5

10

10

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