5 ms·
Sam Altman's Reddit stake worth over $600 million after first day pop on NYSE
- barbazoo 3y ago> Altman told U.S. senators in a hearing last May that he’s not in his current gig for the money. Filings show he made about $73,500 in total compensation in 2022. > “I’m paid enough for health insurance, I have no equity in OpenAI,” Altman said, when asked by Sen. John Kennedy, R-La., if he makes a lot of money in his job. “I’m doing this because I love it.”
- s1artibartfast 3y agoDifferent Companies?
- floxy 3y agoSo is Reddit going public to raise money for infrastructure expansion or other business growth? Or is it mostly for a payday for the various owners?
- toomuchtodo 3y agoInsider liquidity.