Sam Altman says Paul Graham and Peter Thiel taught him a key lesson about investing
OpenAI CEO Sam Altman discusses the investment philosophy he learned from Paul Graham and Peter Thiel, emphasizing the importance of contrarian thinking. He argues that the most transformative companies are often those that appear unpopular or unconventional at the start.
Why it matters
Understanding the mindset of influential Silicon Valley leaders provides insight into how capital is allocated toward emerging technologies.
OpenAI CEO Sam Altman praised legendary investor Paul Graham for the lessons he taught him. Getty Images OpenAI CEO Sam Altman said he learned some valuable lessons early on. One of those, Altman said is that investing in the popular companies won't lead to spectacular returns. Altman has repeatedly credited investor Paul Graham for teaching him valuable business lessons. OpenAI CEO Sam Altman said Silicon Valley luminaries taught him how to be ok with standing out when making investments. "The thing I really learned from Peter Thiel and Paul Graham, both in two different ways, which is that the very best companies, the very best investment opportunities are almost never the ones that look really popular," Altman said during a recent episode of the "Invest Like The Best" podcast.
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