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He sold Twitch for $1B in $AMZN stock that eventually went up like 500%. Chances are he’s doing it for free or a token amount of money.
by oceanplexian 3y ago
He sold Twitch for $1B in $AMZN stock that eventually went up like 500%. Chances are he’s doing it for free or a token amount of money.
- padjo 3y agoI feel a token sum for a person like that would likely be life changing money for most people.
- MacsHeadroom 3y agoA token sum in this case usually refers to something like a $1 salary or minimum wage, just to be on payroll. So no, not really.
- fasthands9 3y agoI feel like he is probably doing it for stock options. If you are worth a few B, being the CEO of OpenAI presents a reasonable opportunity to grow that by tens of billions if everything goes right.
- MacsHeadroom 3y agoOpenAI does not give out stock options to employees. They do give out profit participation units which are effectively kind of similar. They effectively reward employees for profit but don't give any ownership. Anyway, he's probably doing it for the clout and the "once in a lifetime opportunity," not for any money at all. AGI true believers don't think money will be as important as being close to the apparatus around the AGI will be.