Max Altman
Managing Partner / co-founder of Saga Ventures (full name Max H. Altman).
Snapshot
- Role: Managing Partner / co-founder, Saga Ventures (seed VC; Fund I $125M, launched March 2024; other partners Ben Braverman and Thomson Nguyen).
- Email:
max@sagavc.com
Background
- Alt Capital (2021–2024) — co-founder, with brothers Sam Altman and Jack Altman.
- Hydrazine Capital (2016–2019) — investor.
- Operating roles: PM at Zenefits; Allston Trading.
- Education: CS at Duke.
Fundraise Relationship (init.inc)
- 🏁 LED THE LEAD — 2026-06-05: Max led Saga’s investment that anchors init.inc’s seed round (signed; post-money YC SAFE + standard YC pro-rata side letter, into Init Intelligence, Inc.). The round was oversubscribed (multiple competing term sheets); Saga was chosen to lead. “we’re investing … into Init … on a standard YC pro rata side letter.” (Exact cap/ownership in the private CRM +
log.md.) The 5/29 opening offer was a smaller Saga-plus-angels structure (Max floated Sam Blond; his 6/1 angel ideas: Dylan Field, Howie Liu, Immad Akhund, Laks Srini, Matt Plank, brother Jack Altman). A strategic-angel allocation remains open (init actively filling it — no angel closed yet). (Full arc on Saga Ventures.) - Conversation: a call “Max / Sazzad” is scheduled for 2026-05-29 10:00am PT (invite from
max@sagavc.com). Separately, Sazzad met co-founder Ben Braverman for coffee on 2026-05-28 2pm (arranged by Saga’s EA, Amy Abaday). - Intro source: not determined from available sources. ^[ambiguous] Scheduling came from the Saga side; an iMessage group thread with Ben Braverman exists (2026-05-26). No specific introducer is documented — do not assume one.
- See the firm page Saga Ventures (Ben Braverman is the other live POC).
Related
- Saga Ventures (his firm)
- Ben Braverman (co-founder; init.inc also met him)