4 ms·

>> and comp was reasonable A lot of complex issues and perspectives packed into those few words...

• replwoacause 3y ago
  I thought the offer from MSFT, albeit unofficial, was that anyone who made the switch kept their current salary.
  • shwaj 3y ago
    A big part of the comp is in equity, and since OpenAI has an uncommon equity structure it is unclear how that would translate to Microsoft stock.
    • deleted 3y ago
      [deleted]
  • rgbrgb 3y ago
    i would guess a lot of OpenAI employees are sitting on some pretty valuable stock/options if the company doesn't implode
    • imjonse 3y ago
      Hence the overwhelming number of hearts in the Twitter messages asking for the return of Sam Altman.
  • dmazzoni 3y ago
    What about the non-salary part of comp? For most employees, their OpenAI stock would have been worth even more than their salary at its current valuation, and it has the potential to potentially be worth quite a bit more in the future. Replacing it with Microsoft stock would have made it a sure thing - but also with much less growth potential. I'd be really curious to hear if Microsoft actually got so far as to figure out what to offer OpenAI employees in terms of an equity offer.
    • Atotalnoob 3y ago
      OpenAI doesn’t have stock. They have PPUs, which is similar to profit sharing