Ultraman Returns to YC to Invest in Token for Equity Exchange: Superficial Ecological Collusion, Actually Harvesting Early Venture Capital by Reducing Dimensions According to Beating monitoring, big model giants are directly harvesting the most fundamental AI ecosystem through resource dumping. OpenAI CEO Sam Altman announced at the Y Combinator event as the "former leader" that he will provide each YC incubation project with a $2 million OpenAI Token quota, which can be directly used to exchange for early equity in these startups. This indiscriminate investment is seen by the outside world as a historical replay of Yuri Milner's inclusive investment in 2011, and has caused a sensation in the venture capital circle. For YC, this collaboration means that the startup doesn't have to use precious $500000 in cash to pay API bills. The disguised "unblocking" of funds directly boosted the team's survival rate, allowing YC's early equity holdings to achieve value lying wins. But beneath the facade of a win-win situation, this is essentially OpenAI's attempt to downsize and grab the early venture capital circle. OpenAI is leveraging its computing power dominance to exchange extremely scarce high-quality startup equity for virtual tokens with extremely low marginal costs. When computing power is completely 'tokenized', this disguised 'token minting tax' not only significantly reduces the cash demand of startups for traditional venture capital, but also completely blocks the physical source of Anthropic or open source ecosystems from spreading in the next generation of software. [Original link]