[twic]

Altman is an interesting character in all of this. As far as i can tell, he has never done anything impressive, in technology or business. Got into Stanford, but dropped out, founded a startup in 2005 which threw easy money at a boring problem and after seven years, sold for a third more than it raised. Got hired into YC after it was already well-established, and then rapidly put in charge of it. I have no knowledge of what went on inside, but he wrote some mediocre blog posts while he was there. YC seems to have done well, but VC success is mostly about your brand getting you access to deal flow at a good price, right? Hyped blockchain and AI far beyond reasonable levels. Founded OpenAI, which has done amazing things, but wasn't responsible for any of the technical work. Founded that weird eyeball shitcoin.

The fact that he got tapped to run YC, and then OpenAI, does make you think he must be pretty great. But there's a conspicuous absence of any visible evidence that he is. So what's going on? Amazing work, but in private? Easy-to-manipulate frontman? Signed a contract at a crossroads on a full moon night?

[jacquesm]

Altman has convinced PG that he's a pretty smart cookie and that alone would explain a lot of the red carpet treatment he's received. PG is pretty good at spotting talent.

http://www.paulgraham.com/5founders.html

Note the date on that.

[leobg]

What about the date?

[aidaman]

it was a really long time ago

[avidphantasm]

A lot of this was done when money was free.

[mrits]

If you only hire people with a record of previous accomplishments you are going to pay for their previous success. Being able to find talent without using false indicators like a Stanford degree is why PG is PG