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> OpenAI’s valuation isn’t because Sam Altman is worth $90B it’s the tech. The IP might be worth something (no idea what kind of patents they hold), but the va
by onetimeuse92304 3y ago
> OpenAI’s valuation isn’t because Sam Altman is worth $90B it’s the tech.
The IP might be worth something (no idea what kind of patents they hold), but the valuation is fundamentally based on the current products they have and promise of future tech the company can create. And the future value stream far outweighs the current product.
And none of the future product is going to happen without people.
Of course, OpenAI without Sam will hire new people. But if they have already hired the best and they already had worthwhile experience, hiring new people has almost zero chance to recreate their ability to create new products at least in short/medium term.
Finding the right people and hiring them is far more difficult than it is assumed. Dropping money on the problem does not solve more than half of it.