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> People really think many Open Ai employees will give up their equity to get whatever mediocre stock grant their level at Microsoft has? And 1% raises, no bonu
by stetrain 3y ago
> People really think many Open Ai employees will give up their equity to get whatever mediocre stock grant their level at Microsoft has? And 1% raises, no bonus some years, and the board forced headcount reductions?
What long term prospects do those employees have of raises, profit-sharing, equity, etc. at OAI if the board is willing to destroy value to maintain their non-profit goals?
I think the whole point of this piece is that OAI's entire organizational structure is built against generating a large startup valuation that would provide a large payout to employees and investors.
OAI has cash from ChatGPT revenue that it could use to offer competitive pay, but also this entire situations is based around the board being uncomfortable with the decisions that led to this revenue or attempts to expand it.