Sam Altman Is His Own Risk Factor in OpenAI’s Mega-IPO: Dave Lee

April 8, 2026, 9:30 AM UTC

A profile-cum-investigation of Sam Altman in The New Yorker drilled deep into the OpenAI chief executive officer’s personality foibles, to put it mildly, as he steers the AI firm to an initial public offering that may value the company at more than $1 trillion. The takeaway is that even though the documents governing the IPO are unlikely to mention it, one of the biggest so-called risk factors facing the company is Altman himself.

In essence, the IPO is an acknowledgement that the ChatGPT-maker, which just raised $122 billion from investors at a valuation of $852 billion, needs what seems to be an endless ...

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