Sam Altman, CEO of OpenAI

12 Mar 2025 · 1 h 12 min

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In short

Podcast Notes: The Social Radars - Episode with Sam Altman

Overview Podcast Title: The Social Radars Hosts: Jessica Livingston, Carolynn Levy Episode Title: Sam Altman, CEO of OpenAI Episode Description: A conversation with Sam Altman, CEO of OpenAI and one of the most influential figures in tech, covering his journey from a Stanford sophomore to leading a major AI company.

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Key Themes and Discussion Points

Introduction to Sam Altman

  • Background: Sam Altman was part of Y Combinator's first batch in 2005 and served as president from 2014 to 2019.
  • Notable Roles:
  • Former CEO of Reddit for a brief period.
  • Founder and CEO of OpenAI, creators of ChatGPT.

Reflections on Y Combinator (YC)

  • Initial YC Experience:
  • Altman recounts his first YC interview, emphasizing the long format (40 minutes) and the stress of being in a competitive environment.
  • The importance of YC's approach to startups at the time, highlighting the supportive environment.
  • Formidable Beginnings:
  • Altman describes his early entrepreneurial experiences and significant moments, such as raising funds and navigating business challenges.
  • Discusses the mentorship from Paul Graham and how that shaped his business acumen.

Transition to OpenAI

  • Founding OpenAI:
  • Established as a nonprofit research lab in 2016, initially focusing on AI research and safety.
  • Reflections on early projects including reinforcement learning applications that raised safety concerns.
  • Journey to AGI:
  • Discusses the evolution of AI from basic applications to more complex systems like GPT models.
  • Acknowledges the scaling challenges and the unexpected costs associated with developing AI technologies.

OpenAI's Rapid Growth and Challenges

  • Competitive Landscape:
  • Analysis of how OpenAI outperformed bigger tech companies (e.g., Google) in AI development due to strategic focus and execution.
  • Highlights the differences in company culture and decision-making processes at large corporations vs. startups.
  • Board Dynamics and Controversy:
  • Detailed account of the dramatic board conflict in November 2023 which led to Altman’s temporary ousting.
  • Altman recounts the emotional toll and the chaotic environment during that period, along with how he navigated the aftermath with support from employees.

Personal Insights and Future Outlook

  • Reflections on Leadership:
  • Altman emphasizes the responsibility of leading a major tech firm and the constant scrutiny surrounding AI developments.
  • Discusses the importance of fostering a supportive company culture and the significance of employee trust and morale.
  • Looking Ahead:
  • Altman expresses excitement about the future of AI and the potential for OpenAI to drive significant advancements.
  • Personal news: Altman shares that he and his husband are expecting their first child in 2025, marking a new chapter in his life.

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Key Takeaways

  • Resilience in Entrepreneurship: Altman's journey illustrates the unpredictable nature of startups and the resilience required to navigate challenges.
  • Importance of Community: The supportive network at YC played a crucial role in shaping Altman's career and the success of other founders.
  • Navigating Corporate Politics: The conflict at OpenAI highlights the complexities of board dynamics in tech companies, particularly during periods of rapid growth and innovation.
  • Future of AI Development: Altman is optimistic about the potential of AI, emphasizing the need for responsible development and governance.

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Notable Quotes

  • "I don’t identify as a formidable person." – Sam Altman, reflecting on his definition of being formidable in a business context.
  • "I love OpenAI. I wish them the best." – Altman during discussions about his ousting and subsequent return.

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Closing Thoughts This episode offers invaluable insights into the journey of Sam Altman, shedding light on his experiences at YC, the founding of OpenAI, and reflections on leadership in the tech industry. The candid conversation reveals the complexities of technology development and the importance of community support in navigating the entrepreneurial landscape.

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Transcript

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0:00I'm Jessica Livingston, and Carolyn Levy and I are the social radars. In this podcast, we talk to some of the most successful founders in Silicon Valley about how they did it. Carolyn and I have been working together to help thousands of startups at Y Combinator for almost 20 years. Come be a fly on the wall as we talk to founders and learn their true stories.

0:29Carolyn, today we have a very special guest. we have both known him for a very, very long time. Going back to 2005, I knew him because he was part of the first Y Combinator batch. And you knew him because you were his lawyer at Wilson Censini. That's right. He was the CEO of Reddit for eight days. He was the president of Y Combinator from 2014 to 2019. He's the founder and CEO of OpenAI, makers of ChatGPD. Ladies and gentlemen, today we have Sam Altman on the show. Yay. Welcome, Sam. Thank you. Thanks for having me. Sam, I usually don't have an intro with such a flourish, but I just sort of, I just felt like it today.

1:16It's festive. It's a festive podcast. Yeah, it's felt very festive. So I had to do sort of like a smart list intro where I gave a little bit of your bio. Welcome, Sam. Nice to see you. You too. So, Sam, you were one of the first people I knew in Silicon Valley, honestly. I remember so clearly that weekend of interviews at the Garden Street office of Y Combinator in Cambridge where we met. Those interviews were longer, right? Wasn't it a long interview? It was 40 minutes at the time. 40 minutes. Oh, my gosh. Yeah. Whoa. It was 40 minutes. There were only eight companies that got chosen. There had been this plan that Y Cominander – this was like right when Y Cominander started.

2:01Y Cominander was either going to say, yes, we'll fund you, no, we're not going to fund you, or we can't quite tell, so we're going to invite a few companies that are on the borderline to Cambridge to interview with us. And I believe – just going to – I believe they invited everybody. They didn't accept anybody without an interview. No, we interviewed everyone. I was going to say, I didn't realize you were going to do sight unseen. That was the original plan. Or at least that was what it said in the application form. Really? See, he remembers the application form. I know my memory might be spotty, but that's not ringing a bell because we literally interviewed everyone.

2:35But maybe on the application form we said that. That's possible. I think you definitely interviewed everybody. That's my memory. But I think because the application form said we're only going to interview like the close calls, we all showed up thinking we were like kind of not that good. That you're on the bubble. And then PG told us, hey, we decided to interview everybody. I think it was like that. Oh my gosh, that's so funny. We were all kind of stressed. We were all kind of trudging in with our backpacks. And there were some real characters in the room. Oh, for sure. Wait, before you even tell this though, we couldn't remember, you were at Stanford.

3:15You were working in an AI lab there. How did you even start Luke? Were you a freshman or a sophomore when you started Luke? Sophomore. And it was really like barely. I mean, it was like a project. It was not a company without Y Cominero. It would have just been like a kind of dorm room project. And that would have been it. And had you known about Paul Graham from his essays? I had. Yeah. Okay. You had to have. Yeah. I think that's how everybody at the time knew about Paul through his essays. Like had a real cult following. And then I heard about, it was called the Summer Founders Program at the time.

3:53um and i heard about which was posted sort of like fairly late in the year like i'd already i think i'd already accepted an internship um but i heard about it from blake ross who lived across the oh firefox in the dorm firefox yeah oh wow okay and this is where memory gets a little hazy but i think he posted it on facebook the facebook at the time um as a link the facebook that's right I forgot about that. And he said, like, you know, this seems like a cool thing. And that was that. He didn't apply, though. He didn't apply. That was how I find out about it. So you had this sort of dorm room project looped.

4:33You saw Y Combinator. You flew out. I won't drag in the famous I'm a sophomore and I'm coming story because, Sam, I'm going to admit it. You didn't actually say I'm a sophomore and I'm coming. You were much more polite about it. I saw the email and it said like, by the way, I am a sophomore, just in case some applications got confused. It was a little more polite. I appreciate you saying that. Yes. So tell me about that weekend. So you show up for your interview and it was just you, right? It wasn't you and Nick. It was just me. Okay. I did a red eye the night before. I like slept on a couch for a little bit in my friend's dorm room.

5:13And then I walked, you know, it's like kind of a decently far walk from the tea station did you tell your parents or no i must have okay i must have out of excitement like yeah yeah um and i you know like i was like trudging down the street and it's sort of like beautiful spring in cambridge and there's all these like trees and kind of it's very different from silicon valley it's like old yeah in a really nice way and i was This is like pretty cool. And then you walk inside the Garden Street building, which is nothing like kind of what you'd expect from the outside or that whole neighborhood. It's like beautifully done, but kind of a really strange, unexpected space.

5:55But I thought it was awesome. It also was like shockingly quiet. That's like one thing I really remember. It's like a very well soundproofed building. Oh, well, yes. Now that you know Paul Graham, you know why. The soundproof office. Because it was his office before we hijacked it for Y Combinator. And there's all these people milling around and the four partners. Oh, they had kept Jessica's secret at the announcement. Yes, I was the fourth member. She was the mysterious fourth member. I think that's why your email address was X, as I recall. That's exactly right. It was X at Y Combinator because I didn't want anyone knowing my affiliation yet.

6:33Because I don't think I had quit my job officially. Right, right. like they would have known or cared in any way. So, you know, we meet the mysterious fourth partner. We're kind of like in there talking with the other groups. They like, it was, yeah, 40 minutes was like a shockingly long interview, especially relative to the 10 now. What did you talk about for 40 minutes? Because you're, because Louped must have been pretty early days. Very early days. It was like a full on office hour session. It felt more like an office hour session than an interview. There were like some questions, but it was mostly brainstorming.

7:11And we were probably really psyched because you actually had something. You had, you know, formulated this idea and we're actually building something. So it must have been. Yeah, we had like a demo to look at. Yeah. And then like kind of you'd hang out with the other companies. It was more of an all day event than YC interviews are now. and then went to dinner. And during dinner, PG called me. And it was this like very, it's like one of those moments that gets like burned into your brain. But I like remember I went outside the restaurant. I was like standing on the street. I had this old palm trio.

7:53That's how long ago it was. And Paul was like, we'd like to fund you. And yeah, that was definitely one of those like life pivot moments. And you said yes. Yeah. I remember. Okay. So that was in April. So the April of your sophomore year. So you're a sophomore in college. But this - I think Paul said something like, if you need a few minutes to think it over, you can, but that would be like a real disappointment from failing an intelligence test. He said that to you? Are you sure? Are you sure? That's much funnier than the sophomore thing. It was nicer than that. Oh, my gosh. Well, to be fair, we did, even in the first batch, Carolyn, we sent all of the legal documents to the founders ahead of time.

8:44So the only question that they should have had was, yes, do I want to accept this offer or not? You know, they had all the details. Go ahead, Sam. Also, at the time, there was not a fixed term. So there was like different valuations. So he was like, you know, ahead of time, you get the documents. You shouldn't have any other questions except this one thing, which we'll decide, which is the valuation we're offering. And so if you need a few minutes to think about that, you can. But everything else you should have known ahead of time. Anyway, I said yes right away. Okay. Okay. And then you had to go cancel your internship.

9:17And then I had to go cancel my internship. Where was the internship? And you moved? Yeah, where was it? Goldman Sachs. It would have been horrible. Oh, you would have. That would have killed things right there. I had no real desire to do that, but I fell for the peer pressure. Like the investment banks were known as like the cool thing. The hardest interview was like what the smartest kids wanted to go do. You know, that's so SAMA though. That's so SAMA to get an internship at Goldman Sachs, like the premier investment bank. It's still like that. It's still like that. Since I have two college kids, I can tell you.

9:49Really? I would have thought now it's startups. No. I mean, kids are still, no. We can talk about that offline, but there's still a lot of pressure to go to consulting firms and investment banks. They still have a vice grip on college kids. I will say one thing I remember about that whole experience and what I can imagine explains some of the vice grip is never in my life had I flown business class or stayed in a really nice hotel or anything like that. And then as like an 18, 19 or whatever it was, when they like fly you to New York for your interview, you like give you a business class ticket.

10:24They stay in this really nice hotel. You like they take really nice recruiting events. They take you out to these great restaurants and you like go into the office and it's pretty impressive. And the whole thing like it really I think of myself as someone who's like not that affected by that stuff. Yeah. And it still really affected me. Yeah. And you're young. And I also think part of it is location. Like kids want to move to New York. you know they want to live in big exciting cities oh i had this whole fantasy about i was gonna have my new york summer i was gonna go for a calton the whole thing instead sam you had your arlington massachusetts summer great memory right and we had this arlington's like on the outskirts of cambridge but it's like suburbs you leave it's suburbs okay you know um and that like what that But that was a pretty brave decision to come by yourself, to live in Arlington, to attend this thing that had never existed before, Y Combinator.

11:21That's pretty cool, Sam. See, Levy, do you know why Jessica remembers that I lived in Arlington? Did she deliver an air conditioner to you? She delivered an air conditioner. And she had to drive across some annoying bridge or go through some annoying tunnel. So there was like a crazy heat wave that summer. and jessica hand delivered like window a giant window ac units to every founder in the program everybody we've talked to on this podcast from that batch remembers the air conditioners jessica that was like active heroism for you to bring ac to these back when we were high touch high touch it did feel like a crazy thing to do at the time um obviously it was not and i like learned a great lesson about being calibrated on risk.

12:06And I think it would have been way riskier in all the ways I care about and horrible for my life trajectory to have gone and done that Golden Sox internship. But at the time, it felt like a super risky thing. All of my friends looked at me like I was like, with concern, not just like I was making a stupid decision. Hmm. I was listening to an interview you did with Gary Tan on how to build the future, which you had started eight years ago, and he's resurrected. And you said, quote, I don't identify as a formidable person. And that surprised me, Sam, because what I want to do, I want to figure out how Sam became like the one of the most formidable founders that we know.

12:51And there were some data points from that very first summer, Sam. Do you remember some of those? when i think of the word formidable i think of someone who's like good at fights and confrontational and that you like really don't want to screw with and like you know does all of these like aggressive things and i would say i'm like an extremely not a fighter like anti-confrontation like so like that's that's where it doesn't like resonate for me. Okay. I think of formidable as different. I think of formidable as like making bold decisions and doing things while others are looking at them like they're crazy and getting stuff done, making things happen, that kind of thing.

13:37I think, yeah, I think I don't, there is something that feels very different to me about how I think about decisions that other people think are very risky. I've never been able to put myself in the what I think of as like the standard headspace there. I don't feel like I'm doing like a very risky thing. I'm like, why does everybody else think this is a risky thing? It seems like a risk-adjusted, very good thing to do. So obviously taking the YC offer was risky. But when you look backward, like this whole like, that's not scary. That's not risky. Can you find examples of that in your childhood too?

14:15Like, have you always been this way? Well, I'm like pretty afraid of like physical risk. I was like a timid, cautious kid in that. So you're not an adrenaline junkie. I mean, I like racing cars and stuff. I was going to say he races cars. Oh, yeah, yeah. But I like, you know, I don't like like playing sports where I'm going to like get like checked against a wall or something. Get a concussion. Yeah. Okay. So you just perceive a risk differently. Well, I guess so. But it's more like doing YC didn't seem risky to me at all because it's like, okay, let's assume – like what I thought was going to happen is I would try this first summer.

14:57It wasn't going to work. I would have had a really fun summer. I would have learned something. And I would have gone back to school. Yeah. And like, okay, I missed one, you know, internship, like high brand internship on my resume. But like probably I can figure out how to make up for that. So it just, it didn't feel, I couldn't articulate what the risk was at all. But I do remember like many friends thinking that was a crazy decision. Yeah. So in that summer, here's my list of things that I remember that were formidable about you. You met with a bunch of carriers, one of which was like in the Midwest and you had to, you couldn't even, you weren't even old enough to rent a car, but you like met with the carrier, the CEO.

15:42raised money from sequoia you then like launched your company and wound up selling it you did all these like pretty formidable things back in 2005 and 2006 and stuff i remember pg telling me like very early on nyc like you're gonna have to get good at business because you know you're not you're not like you you you can't just like write software you have to go do these deals so you I'll like learn how to do that. And I was like, okay, I'll like learn how to do that. And I was like, you know, eager to please like, I'll do whatever the adults say kind of, I want to just do well at this thing. And, and so for me, it felt like, okay, PG said, I have to like learn how to do business.

16:26I'll like learn how to get good at business. And it came easily to me. But it was just like, and I think most of the things that I ever learned in like a shocking percentage of everything I learned about how to like be good at business. I did learn that summer because I had to do those things you just mentioned. And it was this like immediate like trial in the fire. And you were so good at it though, because we always put you in charge of giving fundraising advice to startups in subsequent batches. I did turn out to just have some natural inclination for it. Can I ask something? So, so I, I used to go to looped board meetings as you remember.

17:06And so I would be sitting there and what's that? You and Paige Mayard. Yeah, yeah, yeah. Okay. So, but I would go a lot. And so one of your people would sit there and give the update on the carriers and I would just get so freaking bored because it's boring. And I would look over at you and I thought, oh my gosh, Sam looks so stressed out. But I want to ask you now, all this decade later, were you just bored too? Because that part of the business seemed like a horrible slog. I was probably also stressed, but yes, I was incredibly bored by it. One of the things, you know, we all like, we all probably overlearn the negative lessons in life.

17:45But one of the things I learned from Loopt is that I never wanted to do a company that was like dependent on selling to other companies, like a small set of other companies that had like total control over your destiny ever again. And that you had to go so deep into that and like live it and breathe it. Yeah, it just seemed awful. It was awful. But I learned not to do it again. Like I learned a lot about vertical integration and control of your own destiny from that. Just for the listeners who might not remember what Looped is, because it was a long time ago, it was like a geolocation app for phones before the iPhone.

18:25But weren't you up on stage when the iPhone launched? Not when it launched, but like the second year when the App Store launched. that's so cool because i remember you had your double polo shirt oh no collar yeah no sounds like please don't bring that up but we were all like sam is such a badass he's up on stage giving a talk it was very cool it's so cool like a career highlight did you meet did you like had you met steve jobs before that a little bit before and then and then also we had to like audition in front of him to go on stage. He like reviewed everything. Were you nervous to be auditioning for Steve Jobs?

19:05I hadn't thought about this in years and I was just telling someone this story a couple of days ago. It is the only time in my life I grew up with like Steve Jobs is this like really like icon figure. Yeah. And and then we had this opportunity that maybe we're going to get to present on stage. And I was like so cool. And there was this like very intense prep of two weeks on the Apple campus where we like made the iPhone app and we kept getting feedback from their product design teams about, you know, we want this to change, we want this to change. And then there's like some rehearsals with other executives.

19:41And then like the final boss is Steve Jobs. And he's going to decide whether you get to like present in the keynote or not. And you, it was in a very dark theater on the Apple campus. This is like the old apple campus not the new right circle thing um this very dark theater he is sitting in the center of maybe like the third row the theater is dark except the stage and you walk up on stage and you know he had this like iconic two round glasses yeah yeah and you the only thing you can see because of the light off the stage is his two glasses reflecting oh my god yeah and i I froze. Just it's the only time in business that I ever felt like this much anxiety.

20:27I just froze. And it was probably only like 10 seconds. It felt like minutes. I'm standing on stage. Of course. And this guy named James Howard, who did the demo with me, is standing there too, like ready to go. Like my heartbeat is like pounding in my head. I'm just like, I don't know what to do. Like I'm going to like ruin my whole life and career right now. You're probably like 21, right? Like are you 21? I think it was 2008. in my memory so i was probably 23 okay but you pulled it together no i did a horrible job and i because i was just like i mean it was like not an anxiety attack but like in that direction yeah so i did a horrible job stumble through it i get my script wrong whatever um and then i freeze again at the end and eve says like cool thanks and we walk off stage and i i think it's like just a disaster.

21:20I mean, it was bad, but in my head, I think it's like really, really bad. And I send an email to the like woman who had helped us prepare and I'm like, I'm so sorry for letting you down. I know I really screwed that up, whatever, whatever. And she was like, no, you know, like it's just bad presentation, but the content was good. The app looks great. But I'm like convinced that they're like not gonna use this as one of the demos. And then we get a call the next day being like, oh, you know, that was great. Like come up to Moscone Center for final rehearsals. Wow. And you never found out like, they must have just been there like, oh, he'll pull it together for the real thing.

21:53Did you have that kind of anxiety when you got on stage for the real thing? Not at all. None. How? It was like Steve Jobs, you know? Right. Like by himself in the audience, in a dark audience. I think there were other people behind him, but it was so dark in those back rows that you couldn't see them at all. The only thing you could see looking at it was the crazy like movie theater like movie like scene. Just these two glowing glasses. Yeah. Wow. I did not know that story. um sam i gotta keep things moving along because we have a lot of stuff to cover um and you've done a lot of stuff i want to skip ahead because you were always sort of in the fold of yc even when you're running looped and doing other things you became a partner at yc in 2011 right a part-time partner but you were always advising startups even um when you weren't officially a part-time partner.

22:44You're always in the fold. Then in 2014, we asked you to take over YC as president when Paul retired. And so it was 2014, which is now 10 years ago. My God. And I remember one of the interesting changes that you brought was you started hand recruiting startups for YC. And Paul and I and Robert and Trevor never did that. Like we could barely keep up with the inbound applications. Do you remember what were some of the startups that you talked to back then? And how did you find them? PG did hand recruit a little bit. Like I remember he would sometimes say like that he'd see something on the internet and he would like email the founder or he would ask me to email the founder and say like this seems really interesting we should replet was one of these actually where pg noticed that this seems great like can you go hunt them down many years later he had already retired though yeah yeah but i my memory is he did some some of that like early on no i don't think he did i mean maybe we'd meet some people here and there but it really wasn't a concerted effort at all sometimes he'd be like oh you should apply to YC, but that was it.

24:03But you also brought in like hard tech companies and biotech. My memory of this is, it could be a little bit wrong, but PG said something like, we already knew or were already connected to or proactively invited to apply many of the best companies that have gone through YC. They were friends of somebody already in the program. They were referred to us by somebody in the program. They were like, he had a story like, Yeah, that's true. He had a great life about the Collisons, and he said you should do more things like that. And also, before I was the president of YC, one of the ways that I thought I could help the most was to just find the good companies and get them to do YC.

24:47As we all know, just getting their best founders is so much of the battle. And if you have great founders, they usually do great work. So one example, Helion, Summer 14. I'm actually reviewing documents for them right after this podcast. So that's one that you brought in, right? Yeah. Well, I was very excited about energy and fusion in general. And so as like part of the recruiting push, I went to go visit all of the private fusion companies. I don't remember if it was the world or in the US. I think it was just the US, but there were only four. Yeah. Shocking. 10 ,000 photo sharing apps started that year and four fusion companies in existence.

25:32And I went to visit them all and I thought Helion was like by far the best. And so got recruited them to do YC. But yeah, the idea was they're doing great, by the way. That's been really fun. Yeah, yeah, yeah. Yeah, I know. So the idea was that like if really it's the best companies that matter, then we should be willing to spend a lot more effort trying to go find them and get them into the program. And I really enjoyed that part of the job. That was always like a lot of – it was just fun to like go out and do that. Yeah. Paul did not go out and visit companies. No way. That seems very true. um i have another question about this time frame and this is sort of a full circle social radars moment and it has to do with parker conrad who came on the show and talked about his crazy story um with zenefits and rippling and david sacks and all of that so you said earlier in our conversation that you didn't like to sort of fight with people but he called you out as one of his biggest supporters in the whole situation with David Sachs.

26:46And you basically finally went to talk to Mark Andreassen. But let me back up. Like one of the weird parts of being a Y Combinator president is that you sometimes do have to like fight on behalf of a startup who's being maltreated. And when did you become involved in the whole Parker Conrad situation. For me, this general thing was the hardest part. Like it was the emotionally most taxing part of the job by far. Like a shock amount of my time running YC was fighting with startups investors on their behalf. And I think PG also found this one of the like least pleasant, most draining parts of the job.

27:30But you kind of end up doing a surprising amount of it. And you just like you can sense that all of these other investors like really deeply dislike you and think you have too much leverage in the situation. They do kind of usually back down because like you have this like hammer of like the whole YC community. But man, that was like there are all of these ways in which like much of YC is just this blur of being on the phone constantly dealing with someone's problem. John Levy, I feel like, is just on the phone 18 hours a day, like, fighting on someone's behalf, dealing with someone's problem.

28:12Yes. There's a – yes. A lot. A lot, lot. I always wished people understood, like, just how much YC partners do to, like, fight on behalf of companies, most of which never go anywhere. That's – thank you for saying that. That's such a good point. It's, like – I think it's a very special thing. i more generally like one of the things like as i mean i think this is true for everybody who does yc including now but especially that early crew it was like those first few years of yc were such an incredible like tight-knit family and just tribe that the amount i have seen people in from that era like really go to the mat to fight for each other at their companies at the time, even now when it comes up.

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29:04It's like, yeah, you know, we were kids together. I'll like cancel my day and I'll like help you out of this mess. Even if people haven't talked to each other in like 10 years. I think that's like, it's such a deep and special part of YC. Anyway, on the Rippling point, I don't remember exactly when YC really got involved, but it was in a bad place by the time we did uh like i remember that meeting with mark and it was like i mean crazy threats were flying it was even even on the there was a thing that pg or jessica used to say about yc i forget who it was but it was like you know startups have all sorts of horrible problems you can bring us your problems it won't scare us we're like emergency room doctors if you come come in with like an arm cut off.

29:56We're like, well, do you have the arm? Yes. Yeah. Yeah. And so we were used to like a lot of really bad situations and I felt very unshaken by them at this point. But I remember when Parker was explaining his situation, it's one of the few times in all of I see where I sat back in my chair and I was like, whoa, this is a tough one. Yeah. Was it the worst you had seen as the operating doctor? I think so. I can't, at least I can't come up with a worse one right now. I would agree. I don't remember anything quite as dramatic and awful as that. So you said YC's got to step in and try to do something.

30:38Well, I think we had like either a regular partner meeting or an emergency one about it. And we were like, this is, you know, what are we going to do here first? And then we kind of like collectively decided that I would first talk to Mark and other people are going to do some other things too. and what kind of threats were going was it between you and mark there were threats no i remember that mark really wanted to solve it um okay but it was like i mean it was like a bunch of messy legal action by this point right yeah for sure so it was bad yeah so those were a lot of the threats but my memory of mark is that he was very good and wanted to solve it and said like okay you know this has like gotten to a bad place Let's see what we can do.

31:21But it stopped after that conversation, Parker said. I thought it went on a little bit. Maybe it did. That was like a pivotal moment, basically, I think. I remember the conversation. I think it did change the trajectory. I'm sure it didn't resolve overnight. But yeah, I think that maybe Mark getting involved and you getting involved helped a lot. Carolyn, do we have any other questions before we move on to OpenAI? Well, really quick, I just want to know what are some of your fondest memories of your time as president at YC? What stands out? We just talked about the bad. What are some of the good?

32:01I mean, it was mostly great. These are like things that came together in like a quick montage in no order. I think it was the first demo day after I took over, the first alumni demo day. either at the beginning or the end of it, I said something about PG and like how thankful I was and how much he had done for all of us and, you know, like grateful to be doing this. And like the whole room stood up and gave this like big standing innovation that went on for a while. And then after that night, I was at a dinner with a bunch of the founders and everybody went around and were just like, you know, it was cool that you did that.

32:42Here's my PG story and i was like very struck in that moment about how like how much like we had been affected by all of the partners but pg in particular had done like gone so like out of his way to do things for each of us that were kind of like great advice or fighting with an investor whatever and i sort of said right then like okay someday when i'm retiring from yc i hope that like i hope that there are people who like go around and like feel like I did something for them because this was like the level of gratitude towards what YC had done for all of us was this like special special thing so I was like you know a lot of things that can do at YC but the one thing I really want to do is like be there for founders like this and then you know like I still hear super frequently from founders that did YC while I was doing it about like hey you probably won't remember me you won't remember this thing you did but it like changed my company my career whatever and uh that's for me that is the most fulfilling part of being a yc partner yeah yeah the second best one for me is watching founders develop during the course of the three months of yc um it's like watching a child grow up in terms of how fast the development goes you can like watch someone that comes in and they're so unimpressive at the beginning of yc and so impressive by the time it's done.

34:09And it's like, how can that happen in three months? And can we do that for like a lot more people in the world? Yeah. Yeah. Can you call to mind any specific founders who you remember changed a lot in those three months? Tim Ellis just came to mind, Relativity Space. They 3D print rockets, but he was like in my group. He came in like, so kind of hapless. I was just such a force of nature by the end of YC. But again, it happens pretty often. That's a good example. Under the instruction of Sam Altman, he emerges. I don't think it's – actually, I don't think it's the partners that do it. I think it's the peers.

34:52Yeah. Yeah. I think the magic of YC – a big piece of the magic of YC is the peer group is so effective. That's why it's so great that we're back in person because I think you just – you can't get that on Zoom. I am I thought it was totally crazy when all of the companies during the pandemic all the tech companies were racing to be like we're going to be remote we're going to be even more remote we're remote forever I was like this is I am confident this is going to get undone this stuff does not work over. Right. Yeah. Okay, we got to shift gears and move over to OpenAI because it's such a big thing now.

35:31OpenAI started as a nonprofit and you started it as a side project to explore AI. But a lot has changed since 2016. um so i had been an ai like a computer nerd in particularly ai nerd my whole life um i you know the summer before doing yc i worked in the ai lab at stanford and i thought nothing was working but i still thought it was the coolest thing ever and i kind of like wanted to be a ai researcher but nothing was working um and i went down a different path for a long time startups investing, whatever. And then in 2012, there was this real breakthrough called AlexNet that my co-founder Ilya helped to lead where we saw for the first time a neural network win in a competition.

36:25This happened to be image recognition. And then I think we all should have taken much more notice right then. It took a while for the world to really wake up to it. but we had this technology called deep learning that seemed to work and more importantly than that it seemed to get better with scale you could throw more compute at it and it just got better and this felt really crazy um there were other threads going on and i kind of had like gotten pretty deep in the whole like agis could be super dangerous if it goes badly kind of east bay whatever that thing was and and i felt like it was somehow worth exploring more uh but it wasn't clear what to do and also it wasn't clear at all that it would ever be a company like that there could be a company like opening i started as a research lab um we thought we were just gonna like write papers or actually we weren't even really sure we're gonna try to do research and And papers were what people knew as kind of the object to produce.

37:28But we imagined that we would just be like, you know, writing papers and maybe putting some open source technology into the world. And a nonprofit seemed like the right structure for that, especially given that we had these safety concerns about how the technology could evolve. We got to work and we were a sleepy research lab for a while. And we did a bunch of things that were sort of like impressive, but they didn't kind of like contribute to sort of this artifact that we hope to build someday. We made something that played video games really well or one video game really well. Can I stop you there?

38:08Do you remember – I don't know. Do you remember when you told us about the air hockey game? Is this what you're talking about? Maybe it wasn't air hockey. You told us about the arm, the arm that could play games. Oh, yeah. It wasn't air hockey. What was it?

38:28Something that was much slower. I don't remember, but it was not air hockey. Okay. Well, so you were just chatting with me about it, and you said something that still creeps me out. You're like, oh, yeah, last night the machine, the arm learned that if it's not winning, it can just pick up the table and tilt it a little bit. Do you remember telling me that? it's still creepy to this day that it learned how to do that should i not be creeped out by that because i am um well i i think no i think there is something something's coming full circle there so we had this like little simulator and uh we would try to have it do all these things and it would definitely occasionally learn that it could just exploit some bug like flipping over at the table or whatever.

39:11And that was, you know, that kind of learning, reinforcement learning, where you have a goal and it's just sort of randomly trying some stuff and then doing more of what works. That was a scenario in which you could see a lot of things going wrong. And at the time, this is before we discovered language models at the time, the kind of consensus view of how we were going to get to AI was we were going to build this reinforcement learning, AGI, was we were going to build this reinforcement learning agent and then put it in more and more complex environments until eventually it was like living on a simulated island trying to survive and reproduce and kind of rerun evolution or something like that yeah and the safety issues there are very easy to imagine like it would be much worse than flipping over a table thankfully we discovered a much better approach which became the gpt models and chatbots and things like that where we just try to like learn the themes of human output on the internet.

40:14Now, the reason I said it's full circle is we are, again, trying to take those language models we've learned from all of human history and do reinforcement learning on top of them. And this is where I think we have to be very careful about potential safety issues. You should be a little freaked out, but we got very smart people. Well, I want to say that was like 2016-ish. Is that right? Seems right. Yeah. Yeah. And I was like, ugh. Can I ask a real dumb, dumb question? Sorry, Sam. I'm just going to apologize in advance. But I have some questions that you probably don't get asked because they're so idiotic.

40:48But the LLMs grew out of this like transformer paper from Google, right? And OpenAI figured out how to make it work on a large scale. Why were you guys at OpenAI able to get more out of it than Google did? I think a couple of things. One, I think Google didn't realize the significance of what they had with the transformer. Other people, now, it would have been discovered at some point by somebody else. But a lot of people were publishing a lot of architectural ideas. And this was one really great one. But at the time, it felt like one out of, you know, many. And we had been looking at a previous generation architecture for language models for a while.

41:37So Google published this thing. We had kind of been like waiting for a much more efficient architecture and maybe had been thinking about related ideas for longer. But a really important thing is it was not at all obvious at the time, even though in retrospect, it looks like it should have been, that you were supposed to put all of your effort into one giant scale up. you go to a place like Google and there's a lot of smart researchers and they all want compute. And the easy thing to do is to say, we're going to give you each 1 % of our compute and you can run your experiments and find more breakthroughs.

42:20And it's really hard to say like, hey, actually, we see this interesting property of scaling. So most of the researchers are going to get very little compute. And we're going to pick one team to get 80 % of our company's computing power to do this one big training run. And I don't think Google could have gotten that done. Also, the leadership of DeepMind really just didn't believe at all in this approach. So they were like, no, this is not going to work. And they had a very different technical bet at the time. And in fact, not until the chat GPT moment happened many years later, and Google had their kind of famous code red, did they really get serious about language models.

42:58But they just, they made the wrong technical debt. So it's kind of a big company problem plus a decision maker problem. But they were also like, pretty delayed on launching things publicly, if I remember correctly. And I remember hearing from insiders like, oh, Google's made so many advancements in AI, but they just haven't launched it yet or whatever. Like, were they fearful? Do you think that some, they'd get some politically incorrect answer? Or do you think that AI was at odds with the advertising business, their cash cow? What do you think it was? I think it was those two things. So I think for sure, they were like a risk averse big company, where you had to go through like, this is what I'm terrified of happening to open AI someday.

43:47But you had to go through like 17 layers of management, any one of which could say no from a risk perspective you know it's there's going to be a bias issue there's going to be a copyright issue there's going to be a this there's going to be a that and i think all of those things happened and and also i believe although i have that that i've heard stories of this next one is only speculation i have no proof of it but if i were google's very senior team looking at this thing i would say like this breaks our business model and i would kind of like maybe even subconsciously hope it just wasn't like i would want to believe it wasn't going to work um i so so i i assume on speculation that there was something going on like that and then i i actually don't think they were making great technical progress.

44:44I think they had bet on this wrong direction. And now they do have very great technology. But I think people were saying it because they had all of these other research directions they thought were going to pan out. They just weren't that useful. Are there any queries that you use Google for at all anymore? I've stopped using Google. It's really weird. No, I have too, actually. I agree with that. See, Levy, do you only use chat GPT? Yeah, I do. Because it's, it's the lazy person. Yeah, chat GPT does all the work for you. Like Google gives you results you have to click on. I don't want to do that.

45:21I just want the answer. Right. You want the answer, not the web pages. Right, exactly. Yeah, you know, we're trying to roll out search to our free user tier pretty soon. Right now, it's only the really good search is only in the paid tier. But when we do, I would expect like a lot of people to start using it that way. I also think we're still just scratching the surface. Like, yes, I think ChatGPT is better than Google search for most stuff. Like not the like kind of effectively DNS queries where you're just trying to like get to facebook.com or whatever. Google's really fast at those. But for most other things, I think we're better.

45:56But I think we still haven't done the magic. We still don't have something that can like go off and do like the kind of web search that Carolyn would delegate to somebody on the legal team at YC and expect to take like six hours of work of searching the web and reading stuff and putting it together. And, you know, like when we can do a search query like that, that's a whole new thing that is, I think, going to be really great. Yeah. Yeah. I can't wait. Sama, because we're the social radars, we've got to ask you, will you talk about November 2023? that crazy week when you yeah sure brockman got ousted by the board of directors you tell us that because i remember that fucking week it was so crazy you sent the nicest note or tweet right after in the middle of like the craziness i i think it was the 17th that it started and it was resolved by like five days later something um yeah i don't know what to say about it other than it was like totally crazy and surreal and felt like a dream.

47:01I was caught completely off guard. And I really did in that first moment, thinking I was having some crazy vivid dream that I was about to wake up from. This is when the board said, hey, Sam, do you have a sec? I mean, how did they even tell you? Because first of all, let's just set the stage here. This was the board that was part of the nonprofit organization, correct? Yeah. That is and was and is our only board. We only have a nonprofit board. And did they just one day say, Sam, we need to talk to you and you're out of here? What happened? Yeah. I got a text message from Elio the night before saying, can you talk tomorrow?

47:45Said, sure. A few minutes before he said, here's a Google Meet link. I was like, okay, let me go find a place to sit because I was like in a hotel and I was going to be a call. And then this happened. It was like very strange. I couldn't get any questions answered. And then they just put out like a blog announcement and like turned off my email and stuff. And so I'm out of town. My computer just got deactivated. I have a phone.

48:14And I kind of didn't think about what was going to happen next. I don't know if they did either but it went crazy like it was like national news for like days it was all anyone was talking about even over in England geez I mean the nerd Super Bowl is what I heard people call it and that still makes me chuckle a little bit um and I and then the feeling of that afternoon was just like this kind of fog of war like I I had no idea what was happening The team didn't know what was happening. Like they were trying to get answers. I was trying to get answers.

48:58And it was like nonstop calls. It started as like Sam must have done something horrible. Like this happens if you kill someone. In fact, I remember. So we were leaving like I was just on like call after call. Microsoft's trying to figure out what's happening. Like I'm like talking to a couple of board members, talking to the whole executive team. We're like trying to stabilize things. It's like feels very crazy. And so I'm on like these nonstop calls. Ollie is like packed up our hotel room. The first time I had a minute where I was not on a phone call is as we were like getting on the plane. And it was this very dramatic thing.

49:38It was like in Las Vegas. It was super windy. We were like standing right outside the plane. It was like he had been overhearing some of the calls. And I had like written him to us, but it was the first time we like really had a minute to talk. And he like, as we're about to like walk up the steps, he like puts his hands on my shoulders. And he's like, Sam, I'm with you 100 % no matter what, but what the fuck did you do? Wait, who is this that you're talking about? Who said this? This is my husband, Ollie. Oh, Ollie. He's like, what the fuck did you do? And I was like, I don't know. And he's like, okay, I'm good.

50:11And we like get on the plane. and then yeah it was great because the board of directors never clearly told you what did they say to you they said you're out of here because we don't trust you yeah it was like there were a lot of like personal power issues there were some legitimate ai safety issues that i i really disagree with um i'm very proud of our safety track record but i think other people have like a different opinion on what we've done well it's clearly a very polarizing issue i mean it's understandable that there's like this issue that comes up for you guys. I will say if you believe that AGI safety is an existential issue and that the company slash me was doing it wrong or otherwise unfit, then I admire the courage of convictions to say like, this is the logical conclusion rather than I think what most people do, which is say like, oh, AGI safety is this existential issue and it's coming really soon.

51:09And what are we going to have for dinner anyway yeah by the time i had got back to sf that evening we understood a little bit more about it um not much but it was like there was this kind of dramatic thing where i had tried to get one of the other board members off in a way that i think i didn't handle well and there were concerns about you know safety and who was going to be in charge of stuff and whatever but more than that, I was just like, whatever. I love open AI. I wish them the best. What I want to do is work on AGI research. I can figure out some other way to do that. I can do it at Microsoft.

51:45I can start a new company, whatever. The executive team had been trying to talk to the board, didn't get any answers. And the people started quitting the company. And I'm just like, so a bunch of us met up that night and more of us met the next day. I had a call with two of the board members the next morning where they were like, you know, we'd like to talk about you coming back. And my, I'm not proud of this, but my first reaction, well, in my head, my first reaction was absolutely not. And then, because I was just like hurt and mad and whatever. Yeah, of course. You know, excited. That's totally human.

52:29And then my second thing was, and this is probably not proud of, I was like, I will come back if all of you resign right now. I don't blame you at all because it was they were seemed like it was a shit show. And it was I think that was not a constructive thing. I think had I handled that differently and said, like, we can negotiate some version of the board where I feel like I can have a chance to actually function. It would have been done that morning. But I responded like with. With emotion. Yeah, I did. Yeah. And then it kind of like kicked off this weekend of like crazy nonstop negotiation, planning, counter planning, whatever.

53:15I was mostly talking with Adam who I think acted in good faith throughout it. But he was only one vote of several on the board. Adam D 'Angelo. Adam D 'Angelo. But it seemed all weekend like I was going to come back and we were going to figure out a new board. And, you know, it seemed like things were on a good trajectory. And then Sunday night rolled around. And to my total shock, they're like, we're going to appoint Emmett. Emmett Shearer, also from the 2005 YC summer batch. And I was like, oh, that's like, that was the angriest I had been in the whole time. because I was like the level of deception here.

53:57You know, I was like trying to keep things together. I was trying to like tell the company, hey, this is like heading to a good place. You know, don't go. Because all of our competitors, like these vultures were circling, trying to recruit whatever, whatever. And, but Mira had like told the board that because there were like no good answers, she was gonna just resign and not do this. And so then they like, you know, were like, well, we can't have Mira do this. So we got to pick somebody else. Oh, because she was appointed interim CEO immediately. I remember that. Yeah. I mean, she was really, really great.

54:32Emmett, they put Emmett in there. And at this point, I'm just like, what the fuck? I'm ready to go to bed. Like enough is enough. So I like announced that I am going to join Microsoft and work on an AI research project there. I stay up for like a couple of hours talking to people and I go to bed. And I hadn't slept watched in the last few nights. Of course.

54:55and i lay in bed and i'm this like weird thing of like very tired and still just like angry and full of adrenaline i can't sleep so i take a sleeping pill um and i go to bed probably like three in the morning something like that and and then i'm like rustled awake and this time it really feels like a dream because I'm in like a sleeping pill haze. I'm like wrestled awake and Ollie's like, you need to like look on your phone. And Ilya had said, I regret my participation in this. You know, didn't want to harm OpenAI. He didn't say we should undo it, but something like that. And like 700, you know, like 95 % or something of the OpenAI employees had signed this letter while I was asleep saying like, you know, this is a horrible decision.

55:49I'm going to we're going to like resign. We're going to resign if Sam does not come back. Emmett had also told the board like as he had this was maybe later in the day on Monday. I don't remember. But he had also told the board like, I'm going to resign, too. So finally, it still took a long time after that. Like, I cannot believe how long the whole thing went. But finally, I think it was Tuesday night. Maybe the Wednesday night, whatever. One of those couple of nights, Tuesday or Wednesday, we finally finished everything and announced that, like, we had sort of high-level agreement and that I was going to come back and kind of the company got put back together.

56:26That part was all a crazy thing to live through. But honestly, you can kind of do a lot for four or five days on a kind of crazy adrenaline rush. The couple of months after were just miserable. I was just exhausted. yeah um i was like in this like stupor i felt like i would like walk down the hallways and people would just like avert their eyes to me i felt like you know a patient with like some really bad diagnosis because they didn't know what to say they just felt bad yeah and it was like weird it was just so weird there was this like air of like something must have gone horribly wrong and like until the investigation was done everybody It was just like, ugh.

57:13Yes, because the overarching backdrop is what the fuck did Sam do? Totally. But it was kind of like the winter in SF is cold and dark and a little depressing. And that period, I remember it being very cloudy and rainy. And it was just a tough, really tough time to like, it's like, all right, I feel like these people did this crazy thing, really screwed me. And now I have to pick up all the pieces. The justice of it felt really bad. Like as if this job isn't hard enough, right? Because it's like a big company and it's a controversial, you know, thing you're doing. Like in everyone's crosshairs, like everybody either like wants us to go away or wants to be us or what.

57:54Like it's just like, you know, we're the, you know. Relentless. It's relentless. So that was really like it took a while to get out of the stupor there. You actually, if I recall correctly, didn't you and Ali actually have a ceremony in January? We did it in December, but then Ollie posted photos of it in January. Oh, that's right. Because I thought we were in Hawaii and I thought you guys were there too. Because I saw the photos on Instagram. I'm like, hey, we're here together. That was like the only nice moment of normalness in that. Yeah, I was going to say there must have been some bright spots.

58:26It was only our family. So it's just like really like quiet, intimate thing. Very cool. Do you think that that whole thing would have happened if Reid Hoffman had stayed being on the board? No. And not stepped off. You do not think so. In fact, had any of this. So there were three people that departed in really pretty quick succession. Reid Hoffman, Siobhan Zillis, and Will Hurd. Okay. Reid had a conflict. Bill went to run for president. And Siobhan had this issue where she had kids with Elon and Elon was starting a competitor. So three people had to leave the board in pretty quick succession.

59:01And had they, even one of them remained. Wouldn't have happened. Gosh. If there isn't already like a Harvard Business School analysis.

59:15I mean, I hope people really learn an important lesson about boards from this and that it doesn't happen again. Actually, that and what happened in March of 2023. I'm just thinking in terms of like what will we study later in decades, like the SVB crash and the OpenAI board issue. The SVB thing was totally insane. I remember that weekend had like a lot of flashbacks to me of the November weekend. Yeah.

59:46But I remember talking to some people in the government and I was like, you don't get there. Like, oh, it's like a bunch of startup. They was like, you don't you don't get this. This is like that felt close to a real disaster. How involved were you behind the scenes, Sam? Not that much. Like Ron Conway was a real. Ron was. Oh, gosh. And he asked me to do a few things. So I, of course, did whatever he asked. But that was really him. That was crazy. All right. We are coming up on time here. But I just want to make sure that I have asked. Oh, Elon. He just came up a second ago. I have to quickly tell you, I have a photo that I took of your calendar from April 1st, 2015.

1:00:31and your meetings for that day, it said Elon, Tim Cook, Larry Page, John Doerr. Do you remember this day? Quite a day. Oh, I think that's when we were trying to like get OpenAI set up. I bet it was. Yeah. Yeah. But I remember I was like, Sam, I have to take a photo of this because this is insane like in one day. But anyway. That's just a normal day for Sam. Normal day for Sam Holland. It was the original OpenAI fundraising was this like crazy period because everyone was kind of interested. So we could meet anybody or talk to anybody.

1:01:11But it was shockingly hard to actually raise money. Oh, yeah. This is a lesson about a nonprofit structure, too. Yeah. But at the time, you had no idea where AI would lead you was to all of this huge expensive compute time that you needed, right? We had no idea. Well, that's not fair to say. We knew it was going to be expensive. We were probably off by like 100x from how expensive it was going to turn out to be. And you can't get that from donations. Come on. Yeah. So again, had we known, we wouldn't have done. Like, had we known we were going to make a product and actually be able to be a company?

1:01:46and had we known we were going to need this much money, we would have, of course, been a different structure. And would that have changed anything that you did with the board makeup? We just would have been a normal company in general, which would have been healthier in so many ways. But I think it's like often if you're doing something really new, you have to feel your way through it and you just don't. You kind of don't know where it's going to, to a shocking degree. Like, Jessica, I'm sure when you started YC, you couldn't really imagine that it was going to become what it became. No. We have like 65 legal entities.

1:02:22Like it's a huge, huge thing. And so I think that just happens. And there's kind of somewhat unavoidable. But in our case, I think we made particularly bad decisions if we knew everything then that we don't know. But Elon was involved early on. I just have a random question. I believe like his superpower is that he's a genius engineer. He is a genius engineer. He also is incredibly good at moving fast and motivating people and getting stuff done outside of just engineering. Okay. Because he has such a wide variety of companies. It's amazing that he'd have such good judgment in so many different directions.

1:03:05It's super impressive. Do you think he bought Twitter to end wokeness? I'm sure that was part of the motivation. I mean, I think he loved, even before he bought Twitter, I think he was like, my memory is he was just tweeting all the time. I think he like loved the product. Okay. I'm sure he wanted to end wokeness. You know, it's like he's the kind of person that I imagine would like to sort of control the media platform that matters or whatever. So I bet it was like a lot of things. Okay. Sorry, that was a random aside. But I'm now in the time of my random rapid fire questions that I have. Because we've been through a lot since 2005.

1:03:51And I feel like when I finally write the YC book, I'm going to have to come to you to remind me of the crazy stories. Like, who did we used to think was like the worst reporter ever? Oh, man. Wow. That's a whole life. You have to go back to the Valleywag day. Yeah, it's got to be still in the Valleywag, right? Yeah. They were just like really nasty to YC. They were nasty. Like just mean, mean spirited. And didn't care if they lied. I was reflecting the other day. There were all of these people who kind of like made it their whole career or their whole personal brand to hate on YC. Like there were these people on Twitter that I used to think about all of the time.

1:04:35They just like got in my head. Yes. They were like, they knew how to do it. And they would just like make up all this awful stuff or like really just like, you know, rev up over like some little thing. And it felt like it took up so much mental energy. And it felt like such a big deal. And they all kind of like faded away and were doing good things for the world. Do you guys remember Secret? Yes. Oh, my God. That was a moment. Who did Secret? Who did Secret? I don't think we ever found out. I think we did know who made it. Oh, it was like a it was like a startup. You go on and you anonymously like say things about everyone else in the startup ecosystem.

1:05:20It was wild. Did they say bad things about us? I've probably blocked it out. It was bad things about everyone in every direction. I think they said bad things about everybody. Yeah. Anyway, but my lesson from that period is like these people who like make their whole thing about like negativity and trying to like tear you down. It probably feels easy for them in the moment, but they say it away. Yeah, I agree. I've garbage collected all of my hatred for these people, which was quite intense back in the day. All right. Who was the craziest YC interviewee like applying to YC? Do you remember any crazy stories?

1:05:58Mostly I just remember the things where someone would come in with like an obviously bad idea. You would kind of early on, because you're always going to these interviews with hope and wanting it to work. You would try to suggest a way that it could be made better. Yeah. And then you would go down this like rabbit hole of they would just fight you for the remaining nine and a half minutes. You're an idiot. You don't get why this is such a brilliant idea. and you would say, well, but there's this flaw. And those are the ones that I would just like, I would like think about those at night. And I was like, what was the strategy there?

1:06:39I don't know. I think I've blocked out a lot of the really bad interviews and I remember the really great ones. Like, you know, interviews are like a slog. And then once every 10 times, you're like, this is so great. These people are so great. Who was your favorite one then? We'll end on a happy note. um oh that's a tough one or among your favorites one of the companies that i kind of hand recruited was ginkgo bioworks yeah oh my gosh yes and smart smart i remember the first meeting i don't remember if it was i think it was like a special one-off interview we set up with jason and reshma and i was just like this is so exciting they're awesome this is exactly the kind of company I want to do.

1:07:23They're so smart. I remember that that was one that just came to mind of immediate like I'm so enthusiastic. Sam, also exciting personal news. You and Ali are expecting a baby in 2025, right? We are. Are you excited? I have never been more excited for anything. I'm sure I'll get even more excited soon. But this is what I think about in the shower now. I started buying all the baby stuff and it's... Oh, I love it. You're going to buy too much baby stuff though. I'm just going to tell you like it is now. You won't use half of it. You know, I had like a bunch of friends tell me that and say, here's the things you actually need.

1:08:02Just get these. Just get onesies. But I had no ability to like resist another cute onesie. Well, onesies are fine. Just don't buy like outfits because the baby will only be in onesies. Well, we're so excited for you. thank you so much for coming on the show and talking about all this stuff don't you feel like a cane is going to come and pull him away because we've gone five minutes over and one of your PR people you said hard stop is going to give us we're going to go launch this new thing you actually have a hard stop because you have to go do something and this will come out so much later but it's like the 12 days of open AI well I'm sure it will be a huge success so Sam thank you so much for coming on It was so much fun.

1:08:45It's going to be a great episode. Thanks. Thank you, Sam. Great to see you. Bye. Bye. Carol. That was so much fun catching up with Sam. no, I'm really glad he had time to come on. It was great to talk to him about, I know he squeezed us in before the launch of the new product, which he's doing for the next 12 days. Oh, I mean, it's pretty cool that both of us have known him since 2005. I know. I mean, yeah. It's, God, 20 years? I know. But he was always remarkable, whether he agrees or not. You know, he has his own little definition of formidable, but he's always been remarkable. His definition of formidable is scary, which is probably what most people think.

1:09:33But I think the YC definition of formidable is someone who is not intimidated by anything and will run through walls to get what they need to get done. And so obviously, like, we think he's the YC definition of formidable. Always has been. I loved hearing the Steve Jobs story. I didn't remember that. The little glasses, you know, shining in the and five, six, seven, eight. That's what I was thinking. Like, it's like a chorus line. I thought the same thing of him being upstage interviewing for a part or something. Yeah, like, yeah. Five, six, seven, eight.

1:10:12what look we started out with the giggles and now we're ending with the giggles i know i know was it mean that i told him he needed a stylist for his zoom background no that's not mean at all no well so do i look at my back i mean like who doesn't there's very few of us who've managed to like style our backgrounds. But he's Sam Altman of OpenAI. He deserves more than bricks. He deserves more than bricks. It's like a comic, you know, 1980s standup comic. Yeah. Yeah. It did. Yeah. It looked like a stage because those curtains that didn't have a window, the curtains had a brick wall. That was, that was a little confusing.

1:10:56There was so much we could have covered. I mean, I feel like this was like a lightning round of an interview with him because there's so much to cover. I know we never even asked him about when he was at Reddit, you know, exactly. Yeah, there's that. But actually, I think what would be more similar to what we've done with people since you mentioned Reddit, like Steve Huffman and all the other founders we interview is actually just kind of going deep on their actual startup. And looped, you know, we did spend a little bit of time on looped and kind of what he had to do to make that company work.

1:11:28But going through the whole trajectory of Looped, there's probably tons of stuff in there just from that would be interesting to other founders, like how that company got run, what happened to it, all that stuff. So if we ever go on the road, let's get him back and we'll ask him about more questions about Looped and for funny stories from YC. Yeah. And then the whole Reddit story, too. Yeah. And the Reddit story. Yeah. Because that was another. It's like Sam always gets involved with these crazy stories. yeah that's crazy a lot of people have in this industry have crazy stories but he has probably the most but i loved that he uh shared them with us and i had so much fun walking down memory lane with him yeah i loved it yeah all right that's gonna be a great episode i agree i will see you next time carolyn next time bye

1:12:28Trevor Продухa, 2013

From the publisher

Today we catch up with Sam Altman, Founder and CEO of OpenAI. Sam was in Y Combinator's first batch in 2005 and later returned as YC's president from 2014 to 2019, so he's one of the people in Silicon Valley that we know best. In this episode we cover his whole journey from Stanford sophomore to one of the most influential figures in tech.

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