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They believe in waiting for their stock to vest, just as anyone else in their uniquely fortunate position would.
by alternatex 1y ago
They believe in waiting for their stock to vest, just as anyone else in their uniquely fortunate position would.
- smsm42 1y agoI mean if I were promised a "never-have-to-work-ever-again" amount of money in exchange for doing what I'd love to do anyway, and which I think is a working thing, and tolerating the CEO publicly proclaiming some exaggerated bullshit about it (when nobody asks my opinion of it anyway), I'd probably take it.
- jcgrillo 1y agoWhat good is OpenAI stock? Is anyone buying it?
- alternatex 1y agoI mean vested stock doesn't necessarily need to go up in value. In some places the stock comp is higher than the actual pay, so even if you sell on the day of vesting you're doubling your income. So the investment viability of stock comp doesn't matter too much, it only matters how much of it you receive.
- jcgrillo 1y agowell since openai is private probably the employees are getting stock options not RSUs--which, since it's private, might be hard to sell even if they do exercise them..