John Kushner bet $1.3 billion on OpenAI, then the company almost fired founder Sam Altman

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Joshua Kushner was just 26 years old when he founded Thrive Capital in 2011. Since then, his firm has backed some of the most notable startups of the past decade, including Instagram, Spotify, and most notably, OpenAI.⁠

The tech startup has become ubiquitous because of ChatGPT, which launched in 2022 to nearly overnight success. At the time, not many were willing to invest in the newcomer, and even Sam Altman himself told Kushner that the company was anything but a sure bet. ⁠

But Thrive has ultimately put in around $1.3 billion into the ChatGPT maker since its inception.⁠

#openai #ai #samaltman

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Artificial Intelligence & Business
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