Biography
Sam Altman, later widely known as CEO of OpenAI, was an early and significant figure in Reddit's financing and governance. As a member of Y Combinator's first batch he got to know Reddit's founders, and in 2014 he led Reddit's roughly $50 million Series B funding round. He briefly served as Reddit's CEO for about eight days in 2014 during the leadership transition and sat on Reddit's board until 2022, participating in multiple funding rounds (2014, 2015, and 2021). His longtime stake in Reddit became worth more than a billion dollars on paper after the company's 2024 public listing, and OpenAI later struck a data-licensing partnership with Reddit.