4 ms·
What money? None of them had equity
by jychang 3y ago
What money? None of them had equity
- consp 3y agoNot having money while everyone becomes filthy rich is also a money motivator.
- MVissers 3y agoThey’ll all be filthy rich if they can keep doing this. Altman was already side-hussling to get funding for other AI companies. Same with employees and their stock comp. Same with microsoft.
- ravst3s 3y agoThe had some equity after 2019. Thrive was about to buy employee shares at a $86 bn valuation. The Information said that those units had 12x since 2021. https://www.theinformation.com/articles/thrive-capital-to-lead-purchase-of-openai-employee-shares-at-80-billion-plus-valuation?rc=e7g9iy https://www.theinformation.com/articles/thrive-capital-to-le...