Last November, a red-hot startup founded by a guy named Sam imploded in a massive scandal. Fast forward to this November, and the very same thing happened—though this time, the Sam at the center of it is named Altman, not Bankman-Fried.
The parallel is just a funny coincidence (though not so funny for investors in Altman's OpenAI, who stand to lose billions after its founder was deposed in a shocking coup on Friday afternoon). And, of course, Altman still holds a godlike status in the tech world while Bankman-Fried awaits a decades-long prison sentence for defrauding clients of his FTX crypto exchange.
