Did you know Sam Altman’s first company, Loopt, only had 500 users when it was sold?
He sold the company for $43M. That’s how the legend started.
Sam Altman sold his first startup for $43M with 500 DAU
Anonymous·8mo
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Anonymous·8mo
[Update: Loopt founder Sam Altman says the 500 DAU number is off by 100 times, and says he'll be posting data shortly to prove it]
:Did he update?
Anonymous·8mo
Asked ChatGPT:
Did he prove the 100x difference?
No. Altman never provided verifiable data or public logs to disprove the report.
In the tech world, saying a number is "off by orders of magnitude" is a classic defensive tactic. While 500 DAU might have been an exaggeration on the low side, the fact that the company was sold for roughly the same amount of capital it had raised ($43M) signals a fire sale. If the user base were actually 100x larger (50,000+) and growing, the company wouldn't have been forced into a "marriage of convenience" orchestrated by Sequoia Capital.
Anonymous·8mo
@Anonymous 😂
Anonymous·8mo
Wtf is Loopt?
Anonymous·8mo
Sam Altman's first startup
Anonymous·8mo
Interesting. thanks for sharing.
Anonymous·8mo
DAU: Daily Active Users
Anonymous·8mo
Technologia
Anonymous·8mo
Someone pls ask him