Sam Altman offered every Y Combinator startup $2 million in OpenAI API credits (tokens) instead of cash, with OpenAI receiving equity in return; this 'tokenmaxxing' approach transforms the cap table into an API contract, where startups become paying OpenAI customers once their credits are exhausted, representing a distribution play rather than traditional seed funding.
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Sam Altman just offered every YC startup two million dollars. Not cash. Just tokens.Added:
Sam Alman just offered every Y Combinator startup $2 million, not cash, not a check, tokens, OpenAI API credits, the kind you burn on inference. Every YC founder gets 2 million worth of free model time. Open AAI gets equity. Altman called it token maxing. The honest read, this isn't seed funding. It's a distribution play. Every YC graduate becomes a paying OpenAI customer the moment the credits run out. The cap table just became an API contract.
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