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That's not what that article says, if I'm understanding correctly: "PPUs all have the same value associated with them and, during a tender offer, investors purc
by mkl 2y ago
That's not what that article says, if I'm understanding correctly: "PPUs all have the same value associated with them and, during a tender offer, investors purchase PPUs directly from employees. OpenAI makes offers and values their PPUs based on the most recent price investors have paid to purchase employee PPUs."