Lemkin: Investing in OpenAI at high valuations is too risky due to non-technical leadership
Jason Lemkin · OpenAI Buys TBPN & Their Management Team Reboot | Mercor Hack & Why Now is the Time for Cyber · 20VC with Harry Stebbings · Apr 9, 2026 · at 28:09
Jason Lemkin (SaaS investor) discloses his personal investment boundary against funding OpenAI or companies with high executive turnover led by non-technical founders like Sam Altman.
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“I'm just not into the tumult at open AI. I'm not into the drama. I'm not into a non tech, non deeply technical founder leadership. It's just not my vibe. Like I wouldn't invest in anything like open AI at a high price. It doesn't matter what it is. Cause it's just, I just find it so risky that, that the turnover and not being led by a deeply technical CEO, that's just, In my life at investing, I ain't doing those risks anymore, right?”
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