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bfwi | 10 years ago

I don't imagine Sam Altman made enough money from the sale of Loopt to lead a $50m round (only guesswork though). Is he somehow leveraged by having raised a fund for "personal investments". The latter would be a really interesting.

Maybe @sama himself could answer this, if it's not too personal.

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beeboop|10 years ago

Asana blog makes it clearer:

>Today Asana closed a Series C financing round, raising $50M in new capital. The round was led by Y Combinator president Sam Altman. Sam participated alongside a number of other customers, investors, and leaders for whom we have deep respect.

Sam is only part of that $50MM.

cellis|10 years ago

I'm sure he's made money as a partner/president of YC, too. Perhaps tens of millions?