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Alex Heath

Alex Heath

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    Alex Heath
    Alex Heath
    Sam Altman owns a big chunk of Reddit.

    A fun fact from Reddit’s IPO filing: Sam Altman owns more shares than CEO Steve Huffman! Reddit’s three largest shareholders in order are: Advance Publications (which owns Condé Nast), Tencent, and Altman.

    The OpenAI CEO owns 8.7 percent of the stock versus Huffman’s 3.3 percent. He has more than double Huffman’s voting power, too.

    While he isn’t a co-founder, Altman has been deeply involved in Reddit since basically the beginning. He quietly stepped off the board in 2022 as OpenAI was rising to prominence and Reddit was gearing up to go public. Now, he owns a big chunk of a company that really wants AI companies to pay for its data. Interesting times!

    Reddit is going public and inviting power users to invest

    Elizabeth Lopatto, Alex Heath and 1 more
    Reddit is going public and inviting power users to investReddit is going public and inviting power users to invest
    Elizabeth Lopatto, Alex Heath and 1 more
    Alex Heath
    Alex Heath
    Gemini, Gemma, Goose.

    These are just a few of the names that Google has bestowed upon its AI products in recent weeks.

    Is it confusing for those of us on the outside to track all of these name changes? Yes. Yes, it is. And as Business Insider details in this fun story, even Google’s own employees are roasting the company by posting memes about it internally.

    One such meme Googlers recently shared.
    One such meme Googlers recently shared.
    Business Insider
    Alex Heath
    Alex Heath
    Here’s Google CEO Sundar Pichai on CNBC addressing my story about the company’s tense all-hands meeting.

    From his full interview today with Andrew Ross Sorkin:

    “I don’t think most companies engage with employees in the transparent way we do, and I think that creates some of this conversation outside. But I’ve always viewed it as a source of strength for the company and we’ll work through this moment.”

    It’s Snap versus the worldIt’s Snap versus the world
    Alex Heath