Sam Altman has indirect equity in OpenAI through the YC fund, which is Y Combinator.

Several Silicon Valley investors believed Sam Altman's loyalties were divided, as he was known to make personal investments selectively into the best companies, blocking outside investors.

Sam Altman did not inform the OpenAI board that he owned the OpenAI startup fund, despite claiming to be an independent board member.

Sam Altman oversaw a period of aggressive expansion at Y Combinator, growing its roster of startups from dozens to hundreds.

Sam Altman stated under oath to Senator Kennedy that he has no equity in OpenAI.