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Im surprised Asana is still considered a 'startup', especially to the degree that yCombinator is going to invest in, I thought their philosophy was to help ground level startups.



It sounds like Y Combinator is not the one investing, only Sam Altman.


Ah, its a weird blur on his blog when he speaks for himself or for YC. But it makes sense if its just him investing and not YC.


Sam is investing personally, not YC.


I don't imagine Sam Altman made enough money from the sale of Loopt to lead a $50m round (only guesswork though). Is he somehow leveraged by having raised a fund for "personal investments". The latter would be a really interesting.

Maybe @sama himself could answer this, if it's not too personal.


Asana blog makes it clearer:

>Today Asana closed a Series C financing round, raising $50M in new capital. The round was led by Y Combinator president Sam Altman. Sam participated alongside a number of other customers, investors, and leaders for whom we have deep respect.

Sam is only part of that $50MM.


I'm sure he's made money as a partner/president of YC, too. Perhaps tens of millions?




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