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OpenAI CEO Sam Altman Has a Major Stake in This Hot IPO Stock. Should You Follow His Lead?

The Motley Fool

In addition to founding and advising start-ups, Altman also has a prolific career as an angel investor. The rest of us are buying from those first investors. For several years, he served as president of start-up incubator Y Combinator , which is famous for funding well-known businesses, including Airbnb , Dropbox , and DoorDash.

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The 99: How the SEC protects you from venture capital returns.

This is going to be BIG.

To benefit from the explosive growth of companies like Uber, Airbnb, Dropbox, etc, you had to fit in either one of two categories: be an angel investor already in an inner circle of experienced angels and entrepreneurs, largely located in Silicon Valley, or be an investor in a venture capital fund that backed those companies.