OpenAI's upper ceiling in for-profit hands is basically Microsoft-tier dominance of tech in the 1990s, creating the next uber billionaire like Gates. If they get this because of an OpenAI fumble it could be one of the most fortunate situations in business history. Vegas type odds.
A good example of how just having your foot in the door creates serendipitous opportunity in life.
Altman's bio is so typical. Got his first computer at 8. My parents finally opened the wallet for a cheap E-Machine when I went to college.
Altman - private school, Stanford, dropped out to f*ck around in tech. "Failed" startup acquired for $40M. The world is full of Sam Altmans who never won the birth lottery.
Could he have squandered his good fortune - absolutely, but his life is not exactly per ardua ad astra.
> Altman's bio is so typical. Got his first computer at 8. My parents finally opened the wallet for a cheap E-Machine when I went to college.
I grew up poor in the 90s and had my own computer around ~10yrs old. It was DOS but I still learned a lot. Eventually my brother and I saved up from working at a diner washing dishes and we built our own Windows PC.
I didn't go to college but I taught myself programming during a summer after high school and found a job within a year (I already knew HTML/CSS from high school).
There's always ways. But I do agree partially, YC/VCs do have a bias towards kids from high end schools and connected families.
My point is that I did not have the luxury of dropping out of school to try my hand at the tech startup thing. If I came home and told my Dad I abandoned school - for anything - he would have thrown me out the 3rd-floor window.
People like Altman could take risks, fail, try again, until they walked into something that worked. This is a common thread almost among all of the tech personalities - Gates, Jobs, Zuckerberg, Musk. None of them ever risked living in a cardboard box in case their bets did not pay off.
I get the impression based on Altman's history as CEO then ousted from both YCombinator and OpenAI, that he must be a brilliant, first-impression guy with the chops to back things up for a while until folks get tired of the way he does things.
Not to say that he hasn't done a ton with OpenAI, I have no clue, but it seems that he has a knack for creating these opportunities for himself.
A good example of how just having your foot in the door creates serendipitous opportunity in life.