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> For workers at startups like OpenAI, equity is a vital form of compensation, one that can dwarf the salary they make. Threatening that potentially life-changi
by diebeforei485 2y ago
> For workers at startups like OpenAI, equity is a vital form of compensation, one that can dwarf the salary they make. Threatening that potentially life-changing money is a very effective way to keep former employees quiet.
Yes, but:
(1) OpenAI salaries are not low like early stage startup salaries. Essentially these are highly paid jobs (high salary and high equity) that require an NDA.
(2) Apple has also clawed back equity from employees who violate NDA. So this isn't all that unusual.
- season2episode3 2y agoSource on #2?
- diebeforei485 2y agoPlease read Apple's Employee Stock Plan Agreement, in particular Section 9. https://www.sec.gov/Archives/edgar/data/320193/000119312522066169/d294699dex102.htm https://www.sec.gov/Archives/edgar/data/320193/0001193125220... It has happened in several cases involving leakers, most recently the Andrew Aude case.