“I've reached 24 million to date over the last five years at this point”
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Said on This Week in Startups
Rapid Response · Reid Hoffman and OpenAI CFO Sarah Friar on where AI goes from here
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gave the community an $80 million grant to deploy over five years and let them decide how to spend it
$80 million grant over five years
“I've reached 24 million to date over the last five years at this point”
“I said, let's peel aside what the anticipated EBITDA for that partner would be, let's say over five years. Hold that back until you get the letter.”
“That’s about my lab. I’ve had three million people from 80 different countries that I’ve had a chance to interact with over the last 29 years.”
“Contribute… into the fund in one tax year… take the full deduction immediately… distribute grants… over the following years”
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