3 ms·

The employees had a lot more money than that on the line.

• righthand 3y ago
  > plus whatever they get for letting Microsoft gobble them up The average salary there is $250k. More than that would be the vestment greater than their base, no?
  • consumer451 3y ago
    As I understand it, there was supposed to be a liquidity event at a valuation of $86B, very soon. This event was no longer scheduled after Altman was removed.
    • 93po 3y ago
      Why have I not read this before it seems like the most obvious reason for all of this
      • jacquesm 3y ago
        I couldn't tell because that was pretty clear from day #1. Here is an October 18 article about this: https://www.bloomberg.com/news/articles/2023-10-18/openai-is-in-talks-to-sell-shares-at-an-86-billion-valuation https://www.bloomberg.com/news/articles/2023-10-18/openai-is...