alt.hn

5/20/2026 at 9:53:35 PM

Sam Altman makes 'mic drop' offer to every Y Combinator startup

https://techcrunch.com/2026/05/20/sam-altman-makes-mic-drop-offer-to-every-y-combinator-startup/

by evo_9

5/21/2026 at 9:02:32 AM

Is the "mic drop" in the headline refering to how bad a deal this is for any startup that takes it?

by blitzar

5/21/2026 at 1:56:00 AM

What a great way to boost usage before an IPO. Definitely not scammy behavior!

by shimman

5/21/2026 at 4:01:26 AM

This sounds like how you get (or at least used to get) free AWS and Azure credits in your first x years as a startup or until you met revenue thresholds. You wouldn't get as many, but, you didn't have to give up a share of your company, to my knowledge.

Were there actually larger credit grants that would've been in exchange for equity, or, is OpenAI doing something novel?

by 1123581321

5/20/2026 at 10:28:42 PM

The desperation is strong in this one

by jonahbenton

5/21/2026 at 12:37:09 AM

If that's in API price, they may be better of with the subscription.

by KHRZ

5/21/2026 at 2:05:37 AM

The first taste is free, with a certain perspective on equity

by bravetraveler

5/21/2026 at 7:46:32 PM

the tokens are real electricity and capacity.

in ~3 years that equity may be worthless.

by red-iron-pine

5/21/2026 at 2:14:12 AM

Isn’t that a taxable gift, i.e. reportable income for the recipient, given the normal price charged for said tokens, though?

by altairprime

5/21/2026 at 2:52:30 AM

I have no idea, just a BigCo engineer! Like someone getting hooked... taxes are a Later Problem. Anyway, the deal sounds less like a 'mic drop' and more like something else hitting the table.

Say 'Whizbang Model 6.8' comes out and tokens burn ~5x faster; what to do? Agree to give up less of the business or hope for proportional growth? The two million that had been agreed is no longer truly available/applicable. How this and the equity 'shake out' are probably relevant.

At risk of upsetting people, token value is arbitrary. What model, what time of day? What transaction? All to say: I have no idea what the Tax Man or our fake business would want :) Above my pay grade, thankfully!

by bravetraveler

5/21/2026 at 3:20:42 AM

No, because it's an investment for equity

by HWR_14

5/21/2026 at 9:58:28 AM

It's just a little casual grooming for customers to prey on, is all.

by kotaKat

5/21/2026 at 10:42:50 AM

Is the term "tokenmaxxing" now really used unironically and as a desirable thing?

by xg15

5/21/2026 at 2:55:17 PM

> $2M in OpenAI tokens

How about real money or even Apple Gift cards?

by Rp8yXmdmr

5/21/2026 at 8:32:58 AM

Reminder that "$2 million worth of OpenAI tokens" is meaningless and codes for "as much access to OpenAI infrastructure as Sam Altman feels like letting you have".

by dTal

5/21/2026 at 9:03:14 AM

It could be at cost, but probably not

by interstice

5/20/2026 at 10:12:05 PM

Adding more layers to circular investments.

by dude250711

5/20/2026 at 10:18:20 PM

Hey, it's the thing I said was going to happen. Thank's for taking my suggestion, Sam.

by bigbuppo

5/21/2026 at 5:41:19 AM

Very odd shadow economy that is in the making here.

by mawadev

5/21/2026 at 9:04:33 AM

Like sci-fi with currency based in kwh or life minutes but this time it's tokens

by interstice

5/21/2026 at 1:02:00 AM

I thought code was free now

by just_once

5/21/2026 at 1:49:39 AM

Good ideas are expensive. Which is why he's blanket investing, to catch the winners.

by JacobAsmuth

5/21/2026 at 9:42:06 AM

But why would they agree? Coding is free (or at least $200 a month)

by just_once

5/21/2026 at 1:07:41 PM

No thanks

by dbbk

5/20/2026 at 10:35:10 PM

Sounds like they have an oversupply of these tokens.

by moogly

5/21/2026 at 1:43:12 AM

It's only a token offer... I'll see myself out.

by sellmesoap

5/21/2026 at 2:12:46 AM

> i am excited to see what will happen with tokenmaxxing startups, both for how they work internally and the products they can build.

Am I the only one who gets a physical, visceral churning in their gut when they read/hear someone unironically using the term "tokenmaxxing"?

This is the absolute worst timeline, and I'm embarrassed to even be in an industry adjacent to these dorks.

by seattle_spring

5/21/2026 at 5:23:51 PM

This is not in defense of tokenmaxxing, I just want to remind that CompSci has already been full of ridiculous names that we all just got used to.

Bogo sort, Canary, and Rubber-Ducking come to mind

Even BASH comes from 'Borne Again SHell', since they re-did what Stephen Bourne made, and it sounds like 'Born Again'

by dpoloncsak

5/21/2026 at 8:07:19 PM

10 years ago i'd never had imagined i'd be using the word 'kubernetes' or 'kube' on the regular

at least tokenmaxxing has a straightforward implication, and the maxxing implies idiocy or excess

by red-iron-pine

5/21/2026 at 12:45:15 AM

Maybe they can borrow a few OpenAI engineers too?

by phendrenad2

5/21/2026 at 12:39:05 AM

so weve officially reached the gambling sddiction portion of the LLM show. good luck FOMO

by cyanydeez