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Elon Musk: actual billionaire Sam Altman: fake billionaire (most equity is tied to openAI) this should be a one sided battle
by amou234 3y ago
Elon Musk: actual billionaire
Sam Altman: fake billionaire (most equity is tied to openAI)
this should be a one sided battle
- speedylight 3y agoI thought Sam has no equity in OpenAI?
- pests 3y agoOnly indirectly via his equity in YC, but it's tiny, AFAICT.
- andruby 3y agoMost of Elon’s wealth is also tied up in equity.
- omarfarooq 3y agoHis TSLA shares are quite liquid.
- josefresco 3y agoSure, but most of the "value" in his companies are tied... to him! Sort of like early Amazon; "In Bezos We Trust".
- QuantumG 3y agoand fraudulent
- littlestymaar 3y agoHe was liquid enough to buy Twitter on a whim though.
- theshackleford 3y agoAh yes, so liquid he had to go borrowing.
- littlestymaar 3y agoHe sold for over 22 billions (two times $8bn over just a few days, plus roughly 7 billions in two other occurrences), this count as liquid without doubt…
- e_i_pi_2 3y agoThis type of thing makes me wish the only option was public defenders so you aren't able to just pay more and have better chances in court. That said - I still don't think Musk has a good chance here, he's lost cases against people with far less resources by just being confidently wrong, at some point paying more for lawyers doesn't help you
- HarHarVeryFunny 3y agoAt least 1/2 of Altman's net worth is invested in Helion energy (fusion energy startup).