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graemep 4 hours ago

> The moves follow an April article in The Wall Street Journal that detailed Altman’s efforts to have OpenAI back companies he personally invested in.

Sounds a bit like Wework.

bombcar 4 hours ago | parent | next [-]

To be fair, a big part of being in Y Combinator itself is being "heavily encouraged" to use products from other Y Combinators. You just have to do it openly.

graemep 3 hours ago | parent [-]

Networking and relationship building is fine. its when it goes beyond that, and in particular when there are conflicts of interest, it becomes a problem. Altman seems to have had similar issues when he was at YC: https://www.newyorker.com/magazine/2026/04/13/sam-altman-may...

Doing business with companies connected to the CEO often creates a conflict of interest. it could all be OK, of course, but OpenAI investing in companies that Altman has already invested in does not look great and needs to be investigated.

baggachipz 4 hours ago | parent | prev [-]

Everything about OpenAI sounds like WeWork. Can't wait to see that S1, I'll need a truckload of popcorn.