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"OpenAI has said Altman does not have financial interest in the fund despite the ownership." Can someone explain how this could be true?
by makestuff 3y ago
"OpenAI has said Altman does not have financial interest in the fund despite the ownership."
Can someone explain how this could be true?
- reaperman 3y agoIt could mean there were other agreements, where he didn't put any money into the fund and all profits were contractually obligated elsewhere?
- paxys 3y agoIt simply means he didn't put his own money into the fund.
- thinkingemote 3y agoMight it therefore imply that he seeks to put others but not his own money into the fund? Or does it imply that he has no intention of profiting from the fund?
- hackernewds 3y agowhy is it so outlandish that it could be the latter?
- baobabKoodaa 3y agoSometimes I wonder exactly how much financial engineering a "non profit" entity is supposed to need...
- babyshake 3y agoYou have it backwards. The non profit is part of the financial engineering, not the other way around.