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by bloopernova 3y ago
I guess we'll see much faster enshittification now?
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- OkayPhysicist 3y agoAltman was the one who stood to benefit financially from OpenAI selling out. The rest of the board do not have equity in the company. If anything we'll see a reversal of the whole "Open"(to paying customers)AI
- astrange 3y agoHe didn't have equity in OpenAI either, he seemed to be running it for fun. Of course, he can get cash payments.
- mkagenius 3y agoSomeone had mentioned in the other thread - he had equity via some yc investment somehow.
- astrange 3y agoHe appears to say he doesn't. https://x.com/sama/status/1725748751367852439 https://x.com/sama/status/1725748751367852439 Though any fund containing MSFT must be correlated.
- rchaud 3y agoI'm highly suspicious of these types of claims. Steve Jobs was famously on a salary of $1, to get Apple back on track....no mention of the 7.8 million stock options backdated to maximize the gains on the share price. They're all getting paid one way or another.
- astrange 3y agoSure, they can promise to give him some later. But he doesn't have them now; unvested anything would have expired. That's the reason nobody does stock options anymore though, it's all RSUs now.
- EVa5I7bHFq9mnYK 3y ago80-clicks captchas is not enough enshittification for you?