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- Reddit filed for an IPO, revealing nearly 10% of its shares are owned by entities related to Sam Altman.
- Many news outlets assumed Altman owned all $435 million in stock, but the fine print tells another story.
- Here's about how much of Reddit the OpenAI CEO actually owns and how much that could be worth.
Last week, not long after Reddit made moves toward a public listing, headlines began to appear about an unexpected figure: Sam Altman.