Sam Altman – Another made man, like Bill Gates, Steve Jobs, Mark Zuckerberg, Elon Musk, Larry Ellison, Jeff Bezos, and many others
Tue 11:02 am +00:00, 11 Nov 2025Source: https://mileswmathis.com/altman.pdf
by Miles Mathis
First published November 9, 2025 Just my opinion, as usual, based on easy internet research anyone could do
Like Bill Gates, Steve Jobs, Mark Zuckerberg, Elon Musk, Larry Ellison, Jeff Bezos, and many others,
Altman is a gay Jewish scumbag with no particular skills who came out of nowhere, was funded by
mysterious lines, and is now promoted to the skies for nothing. We are told Altman dropped out of
Stanford at age 19 and founded Loopy Loopt in 2005, raising $30 million in venture capital for a
location sharing service for your phone. We are told he invented the app with some gay college
buddies, but since this came out of Mountain View, a better assumption would be it came out of their
engineering department, with Altman just chosen as the ugly face to front it, as we saw with Steve Jobs
and all these other people. In fact, the whole thing sounds made up, as usual, to give Altman some
background, since phones could share location long before 2005. Tracking was one of their initial
functions, so that would have gone back to the beginning. So it is not clear exactly what Altman did
here. And again, as with those other guys, we may assume DARPA/In-Q-Tel was behind this whole
project, including arranging the funding, since a college drop-out has no way to raise $30 million. We
are told Altman’s dad was a real estate broker, and brokers don’t normally have connections to raise $30
million for their sons’ college science projects. Plus, everyone forgets to ask how Altman was able to
invent something at 19 that Mountain Views ten’s of thousands of older engineers had overlooked,
especially when it wasn’t something very esoteric or creative. You will say he was just a super-genius,
but he doesn’t seem like a super-genius, does he? Wouldn’t a super-genius have invented a string of
ever more interesting and amazing products? Instead, like these other frauds, Altman just became a
company man and talking head, annoying the world with his flabby face and droning voice.
In fact, proof of that is not hard to find, since his Wiki page admits it. Funding for Loopt came from
Xfund, which was a spin-off of Accel, which funded Facebook in the beginning. Next we are told
In March 2012, after Loopt failed to gain significant user traction, the company was acquired by
the Green Dot Corporation for $43.4 million.[23]
So we are supposed to believe it took Loopt seven years to fail, though it was apparently worthless
from the start? In that time, Altman’s bio is otherwise a blank. He allegedly ran a company that did
what? Sat on a product that no one wanted? How much time or skill does that take? And if the
product was worthless, why would Green Dot pay $43 million for it?
Just to appear to set up Altman for his next thing.
Actually, Altman did do something else at the end of that period, working part time for Y Combinator
starting 2011. Doing what? Inventing great things? No, he was a suit, since Y Combinator is another
venture capital firm, read CIA front. In just a couple of years working part-time he became president
of YC, as you do, because of course they loved his track record of driving Loopt into the ground and
losing millions for investors. Actually, it appears they only wanted him for his money, or his CIA
slushfund, since he allegedly invested $10 million of his own money in it.
He contributed $10 million to the initial fund of Y Combinator Research, and announced YC
Continuity, a fund to invest in maturing YC companies. [27] [28][29] Not sure where he got $10 million, since Loopt must have lost far more than $43 million over seven
years. That wouldn’t even cover their debts. He should have been disgraced and bankrupt, with
Mountain View investors avoiding him like the plague.
Confirming this is all mist, we can look up Altman’s cofounder of Loopt and boyfriend at the time,
Nick Sivo (#5 below). Who is a ghost. No listing at LinkedIN and no current presence on the web at
all. The first thing that comes up is Crunchbase, where his photo appears to be from college and his bio
stops at Loopt. He fell off the face of the earth. Everipedia tells us that Sivo went on to work at
HackerNews, not what you would expect. It implies that Loopt continued to exist after being bought
by Green Dot and the Sivo continues to sit on its board to this day. Doesn’t seem very likely, does it?
Medium has a 2024 profile of him, posted on Jan. 1, but it is one of those AI generated things with zero
content.
In the ever-evolving world of digital technology, Nick Sivo stands as a beacon of inspiration.
His journey, marked by passion, innovation, and a commitment to excellence, serves as a
testament to the boundless opportunities within the digital landscape.
Several paragraphs of that sort of mist. There is a Nicksivo.com, but it is not in use. All very strange.
The next thing proves Altman is a fake, since Wiki admits he claimed to have been promoted from
president to CEO of YC in 2019, including stating that in SEC filings, but it never happened. Instead
he left YC in that year, so we may assume he was fired for that major fraud and perhaps other fraud.
At any rate, he should have been charged with making false filings, but of course wasn’t, indicating he
was protected by CIA or some other entity. Wiki just glosses over all that, as if it isn’t important.
Then we are told this:
In April 2012, Altman co-founded Hydrazine Capital with his brother, Jack Altman. [37][38] The
initial $21 million fund included a large part of the $5 million he got from selling Loopt, but
most came from Peter Thiel, his mentor and main backer in Silicon Valley. Altman invested 75
percent of the money in Y-Combinator companies. [39][40] Hmmm, so this “tech genius” is just once again a venture capital suit and a money conduit for Peter
Thiel, who they admit is a major DARPA or In-Q-Tel clown. Don’t believe me?
There are several versions of the story of Palantir’s founding. According to Gilman Louie, head
of In-Q-Tel (a venture capital corporation associated with the CIA and the intelligence
community [25][26]), after Thiel recruited Karp, the two founders came to him with some ideas but
no clear problem to solve. After hearing his suggestions, they did a mock-up in two weeks.[27] Again, straight from his Wiki page, so I am not making this up.
We also have the usual math problems, since the numbers don’t add up. We were just told Altman got
$5 million for selling Loopt, investing 75% of that in YC. But in the paragraph before that, we were
told he invested $10 million in YC. 75% of $5 million is $3.75 million, so where did he get the other
$6.25 million? Details.
In less than 12 years Altman allegedly made $2 billion from Hydrazine, though the company had no
outside investors until 2023, when University of Michigan endowment came onboard. We have seen
UM many times as a particularly spooky university, heavily captured by CIA.
No one had heard of Altman until after Covid, when OpenAI began hitting the news cycles hard in
December 2022.
OpenAI was initially founded as a nonprofit organization by Altman, Greg Brockman, Elon
Musk, Jessica Livingston, Peter Thiel, Microsoft, Amazon Web Services, Infosys and YC Research.
When OpenAI launched in 2015, it had raised pledges for $1 billion.[77] In 2019, OpenAI stated that
$130 million of the pledged funds had been collected.[78] TechCrunch reported that YC Research
never contributed any of their pledged funds.[79]
So, they admit OpenAI was hyped with exaggerated claims from the start. Pledges? You have to
laugh. In the first four years, it grew from a billion-dollar company to a $130 million-dollar company.
Very impressive. And of course we have no proof anyone but Thiel and CIA ever invested in this.
Despite that crashing failure, Altman and OpenAI were promoted to the skies by everyone, with TIME
magazine voting him one of the most influential people of 2023. For what, they don’t say. Did he
invent ChatGPT? No, he is just a suit. So I don’t see it.
But remember, all these guys are promoted by Walter Isaacson, and Isaacson is our link to TIME, since
he was editor there. He wrote the biographies of many of them. He is also the link to CNN and the
Aspen Institute.
In more strange proceedings, this most influential dude of 2023 was fired in November of that year, but
then CIA arranged for his rehiring by cancelling equity for any employees who moved to Microsoft or
didn’t sign an open letter demanding Altman come back. Very weird, not least of all because you can’t
just cancel equity. It should have killed any confidence in OpenAI, since everyone in corporate looked
like a ninny, including Altman, but somehow it didn’t matter. Proving again that this was all financed
by CIA, using your taxes, so no one had to worry about real investors (or any federal oversight either).
You were investing in this whether you wanted it or not.
Proof of that is now coming out, as these companies begin deflating before they even inflated.
Investors are heading for the hills and warnings are coming from every direction this is a bubble, as I
have previously reported. But it isn’t a bubble, it is a conjob. The usual one to rape the treasuries of
the world with huge fake projects. Think the Manhattan Project. The Vietnam War. The Apollo
program. The Star Wars project. The Iraq War. The Ukraine War. Climate mitigation. Airport and
school security. The War on Terror. The Defense Department. DHS. SpaceX. Capitol Security. All
ways for rich people to live off your taxes for doing nothing. They pretend to deliver a project but
either deliver nothing or deliver only death and ruination.
AI and data centers are the same thing, with mainstream and alternative sources already admitting it to
some extent. At first Zerohedge tried to sell this as an infinite loop circle jerk of funny money:
Except that is also misdirection, as they later admit this money isn’t coming from Oracle or Nvidia,
which are also CIA fronts and shell companies. It is coming from “issuing debt”. But wait, can
companies like Nvidia issue debt? No, only the government can do that. What they appear to mean is
that these companies are borrowing the money, which they either have to borrow from banks or
from. . . you. In which case they aren’t really borrowing it, they are stealing it by taking your taxes and
then telling you are invested in this through the government. So that when this all goes in the crapper
you will pick up the tab as usual. If it makes money, they take the profits and if it loses money you get
the debt. So it is you issuing the debt. Remember that.
So although it looks like Zerohedge is blowing the whistle on this, they aren’t. They are just taking you
the first step down the rabbit hole, but neglecting to tell you the whole story, as usual. This is how they
put it:
What had been a disciplined, cash-fow-funded race may now turn into a debt-
fueled arms race… and which has conjured out of thin air massive amounts of
investment capital which as Jensen Huang was kind enough to admit to CNBC
earlier today, actually does not even exist…but will at some point in the future,
either in the form of future cash from operations, equity raises (don’t tell
current investors) or debt. Well, really just debt. Lots and lots of debt,
because with negligible enterprise penetration and the biggest use case so far
being a $19.99 monthly subscription for lazy college students who are
outsourcing their essay writing to some chatbot, someone has to pay for
the $500 billion in annual capex.
That someone being you, but they don’t tell you that, making you think that maybe the banks are the
creditors, or Oracle, or the other companies themselves. They make you think that someone
somewhere is in danger of losing their shorts, but because this is all vapor, no big investor is at any
risk. All risk goes to small clueless investors and taxpayers, as usual. The rich people know they will
be bailed out, since they always have. The rich only get richer, remember, while the taxpayer foots all
bills and covers all losses. They will just add this to your tab as the national debt and raise the ceiling
for the millionth time.
Otherwise, how do you explain it? Do you really think these investors—supposing any of them exist—
are investing in debt? Would you invest in something that was funded at 98% by unsecured and highly
dangerous loans, with your investment making up the other 2%? Of course not, and neither would
these rich people behind these big companies. What they are investing in, as usual, is another rape of
the worldwide treasuries, which is how they got where they are in the first place.
As I say, some of this is coming out with OpenAI, since in the Zerohedge article that came out
yesterday, they admit the company has only $13 billion in revenue but $1.4 trillion in commitments.
Debt. Even worse, CFO Sarah Friar admitted that the US government is “backstopping” this financing,
meaning you the taxpayer is guaranteeing this debt. That is what Trump meant when he said the
government was investing in AI and datacenters and so on. Except it isn’t really investing in AI, since
you don’t have a piece of the action, as an investor would. If the horse wins, you get nothing, paying
the man; but if the horse loses you pay the man 10x. Ain’t it fun! Don’t you love gambling!
Friar further explained that “Federal loan guarantees would really drop the cost of the
fnancing,” enabling OpenAI and its investors to borrow more money at lower rates to meet the
company’s ambitious targets. Right… because there is nothing like a company with $14BN in
revenue, $1 trillion in “valuation” and $1.4 trillion in commitments, than loading up to the gills
with government-backstopped debt. See, if only Enron and Lehman could do the same, both would
still be around…
But that is also misdirection, since most big companies have been bailed out on that scheme, “too big to
fail” remember, and both Enron and Lehman survived by other tricks, Lehman for instance just
changing its name and merging with Goldman Sachs. Lehman only pretended to go under so that
Goldman could collect the huge government bailout in a merger that had already been planned, you
see.
Then we find this:
as it was revealed that on Oct 27, OpenAI’s Chief Global Afairs Ofcer Chris Lehane had submitted
a document in which they advocated for including datacenter spend within the “American
manufacturing” umbrella.
And again, Trump has already confirmed that from the other end, saying it is a great idea. There is no
chance this will not happen, unless OpenAI crashes before the government can build the mattress.
See Operation Stargate, announced on day 2 of his presidency, with Altman and Ellison at his side,
which we were told would be funded by the United Arab Emirates. Right. You have to laugh. As with
the Apollo program, Trump declared an international emergency to bypass all regulation and Congress
in funding this boondoggle and fraud. The press release has been updated since then, with the UAE
being dropped and it being admitted the US will be funding this to the tune of half a trillion between
now and 2029. So you see why we don’t have any money for foodstamps or keeping the government
open. From Wiki:
On August 7, 2025, Bloomberg reported that the project had not started and no funds were
raised to meet the project’s initial $500 billion budget. Market uncertainty, American trade
policy, and AI hardware valuations caused the delay according to a Bloomberg News report.
No updates since then, other than claims it is all moving forward on schedule. Confidence is high.
Semper fi, etc. The delay is actually due to scriptwriters not being able to figure out to tell you all the
private funding for this was just a joke: you will be paying for it as usual. And due to the fact they
remembered 80% of the country is already untaxable, due to being broke, and the other 20% is invested
in this fraud, so they can’t be taxed for it, either: that would be circular.
Zerohedge also admits OpenAI is pursuing subsidies, without admitting they have covertly been
subsidized from the beginning. That is what the whole Peter Thiel thing was about, above, you know.
Those conduits like In-Q-Tel, Accel, and Palantir are backchannel-funded by the government, via CIA
and other entities, so you also funded Facebook, Apple, Google, Microsoft, Oracle, and all the others. I
would guess something above 75% of companies in the US are just shell companies, created to either
fake these investment schemes, or fake the later payouts. Making it look private. And to the extent
these companies are funded by rich investors, those rich people are using money they stole from the
treasury in a previous round of fraud.
That is the way the world works.
Zerohedge ends with this:
But here’s the thing: sure, go ahead and demand – sorry, politely ask for – government
guarantees, backstops, or bailouts – whatever you want to call it – but be prepared to
compensate the government by handing over a sizable chunk of equity so that everyone can
participate in the upside, and not just be stuck with the soaring electricity and water bills
which are needed to fund the explosion of data centers across the nation.
What? Will that solve it? No, since the last thing you should want is equity in this loser. Do you want
equity on vapor? And supposing some of this exists, do you really want the product these conmen are
selling? Robots stealing all jobs and drinking all your water and electricity? That’s the future you want
to invest in? These companies shouldn’t be called Palantir, they should be called Mordor.
And there is an even bigger problem here, though no one seems to see it coming. Since all these frauds
and schemes rely on raping the treasury, where is all the money going to come from in the near future
when tax receipts dive by 90%? Once they cut the population in half and drive everyone into poverty,
with no income, where are federal taxdollars to come from? Are they planning to tax the robots? How
will that work? And remember, the robots cannot pay for their food (electricity), water, or housing, so
no income from that either. They don’t need clothing. They don’t need toiletries or sundries or
entertainment. They don’t have children. They don’t need schools or offices or roads.
Altman and others are trying to fool you into go along with this by promising you a guaranteed basic
income, paid for by AI profits, but as you see that can’t happen since once you dig down, you see that
any “profit” AI has will come from raping the treasury. But if you have no private income, you can’t
be taxed, since that would just be circular. So the treasury will dry up. It already is, since they have
destroyed the middle class, but the rise of AI will vastly accelerate that. On top of that, Trump is
telling you that we will be building not just many big expensive data centers—for what data I don’t
know and he won’t tell us—but also doubling our number of power generators. Two problems there:
power generators based on what? Coal? Oil? Wind? New rivers? Peat moss? But the even bigger
problem: how are we going to pay for these to be built? With what money? We can’t even cover food
stamps. The government is way past broke, living on quadrillions of printed money. . . debt. We can’t
pay our air traffic controllers or our soldiers, so who is going to build these power generators? Are
they going to work for room and board? We couldn’t even give them food stamps for board!
So none of this makes sense from the first word. It simply can’t happen, so you should assume it won’t
happen, so you should definitely not invest it in. If you can invest in anything, you should invest in
organic farming and back-to-the-land companies and homeschooling supplies and sensible clothing and
tattoo removal and a general re-education. This world is a dead-end, so you should not invest in going
forward, you should invest in going back.
And if you are really smart, you should divest from mainstream science and invest in my science. It
may take a few decades, but the charge field is going to revolutionize science in all fields and lead to
many new applications and products. At the same time, Modern Art is going to die and be replaced
with a new Renaissance of skill and beauty. So there are many new markets there as well. Throw
away your computer and learn to paint and sculpt with your hands: those will be among the skills of the
future. After decades of fakery and fraud and plastic rip-offs, people will be paying top dollar for
anything real. And even if they don’t, at least you will be able to do something besides doom-scroll on
Youtube.
The same still applies to Elon Musk, by the way, who I still don’t believe in. Therefore I don’t believe
in his trillion dollar salary just announced. It is absurd and unbelievable, so why would anyone believe
it?
“Bro does not live like a billionaire. Bro lives at times below the poverty line,” Musk’s former
partner Grimes, with whom he has two children, told Vanity Fair in 2022. Grimes said Musk once
refused to buy a new mattress despite it having a hole in it.
She also recalled staying in a “$40,000 house” (presently Rs 35,45,580) with no security.
“Don’t need the cash. Devoting myself to Mars and Earth. Possession just weighs you down,” Musk had
then tweeted. He moved into a small 375-square-foot house on the southern tip of Texas.
Makes no sense, does it, though it confirms my reading from years ago. It’s all fiction, all vaudeville,
all lies.
Tesla earns about $7 billion a year, but we are supposed to believe Musk is already worth $460 billion.
Doesn’t add up, does it? If Musk took all company profits himself, it would take him 66 years to earn
that.
You will say his new pay package is over eight years and depends on Tesla being worth 8 trillion by
then, but even so it isn’t believable. Tesla’s current valuation is about $1.5 trillion, and even that is a
huge fraud, since the company is already in reversal. It has assets of 122 billion, so how can it be
worth a trillion? Toyota’s market cap is $266 billion, and it has net income seven times that of Tesla,
so how is Tesla worth a trillion? Toyota’s total assets are about three times its market cap, so Tesla’s
market cap should be around 40 billion, not $1.5 trillion. But somehow Toyota is the world’s 47th most
valuable company, while Tesla is the 10th. As I have told you, everything about Musk is a fraud,
including Tesla and SpaceX.
We are told Musk’s package is dependent on his Optimus robots they are now touting:
Musk described the Optimus robots, which have not gone into mass production, as the
future of the company and of humanity. He reiterated a claim that it would be “the biggest
product of all time”, and suggested they could be used in everything from healthcare to
prisons. “You now get a free Optimus and it’s just going to follow you around and stop you
from doing crime,” Musk said. “You don’t have to put people in prisons and stuff. It’s really
wild to think of the possibilities.”
Again, they should be called Mordor robots. Just what everyone wants, right, a metal cop glued to his
ass shocking him with a cattle prod when he tries to pick a flower in the park or walk when it says don’t
walk. And of course they would prevent me from writing any of these papers, to err on the safe side.
Wouldn’t want anyone to falsely claim defamation, so don’t write or say anything.
Who would buy such a robot? No one, of course, the government will have to buy them and charge
you for them, sort of like the vaccines. They can then insert you into them forcibly, like an Iron
Maiden. “It’s wild to think of the possibilities”. Optimus can also be your own private chastity belt if
you cross the governors in any way. “You don’t have to put people in prisons and stuff”, since they
will be in prisons 24/7, with metal jailers eyeballing them even in their sleep. Isn’t Musk just the best?
So progressive, ain’t he? So freedom-loving.
Oh, and he also wants to build a string of satellites to block out the Sun. Another brilliant idea, right?
You better rise up now while you still can. Looks like you will be in chains of darkness tomorrow.
