SAM ALTMAN OFFERS $2M API CREDITS TO EVERY YC STARTUP FOR EQUITY

Summary from the TLDR Founders newsletter

Y Combinator's Winter 2026 batch has 199 companies. Most are building AI tools. OpenAI's offer of $2 million API credits for every YC startup potentially totals $400 million in credits. The company is asking for 2% equity per startup at $100 million valuations. There is a risk that OpenAI may study and copy ideas.