I am Sam Altman, lead investor in reddit's new round and President of Y Combinator. AMA! : r/IAmA
I Am A, where the mundane becomes fascinating and the outrageous suddenly seems normal. EDIT: I have to go do my class at Stanford (http://startupclass.samaltman.com; Paul Graham is speaking today), but will try to answer more questions later this afternoon! EDIT 2: Back. EDIT 3: Ok, I have to go to five hours of non-stop meetings, so I'm going to sign off. Thanks for reading! I put up a blog post here: http://blog.samaltman.com/reddit TL;DR: I'm investing (along with many others) in reddit. We're working on a way to give 10% of our shares from this round to the reddit community. I hope we can increase community ownership over time--I've always thought communities like reddit should mostly own themselves, and that it's time for some innovation around corporate structure here. I'm giving the company a voting proxy on my shares. Also, I'm the President of Y Combinator (though this was a personal investment, not a YC one). Startups like Airbnb, Dropbox, Stripe, and many others (including
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