The Ledger
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Max Altman admits holding Gusto past its $10B valuation was a mistake
“It might not have hurt to sell Gusto. I think Gusto's a great business, but I think, you know, they were valued at ten billion at one point, and I think they're still gonna be a strong business. I don't know if they're gonna have explosive growth from there.”
Max Altman left family funds to launch Saga Ventures out of ego
“So I, you know, I left after doing three funds with some combination of Sam and Jack to build out my own firm just for ego and pride, to be completely honest.”
Hydrazine Capital missed $2B by distributing Reddit stock post-lockup
“It was about nine billion when the lockup ended. That was tough. I think the market cap's about thirty-nine billion now. I think it's pretty public. The fund owned just about seven percent. You can do the math. That's about maybe two billion of gains that coul…”
Max Altman avoids asking brother Sam Altman for OpenAI roadmap leaks
“I don't want to put him in a weird position where he's leaking anything. It just, it doesn't seem like good for OpenAI, and it doesn't feel good. Like, I kind of want, and you might say this is stupid, to like, earn this on my own right.”