3 ms·
Statement on OpenAI's Nonprofit and PBC
- Hansenq 1y ago$500B current valuation (Sep 2025) Nonprofit equity stake will exceed $100B So the OpenAI nonprofit will control ~20% of the OpenAI PBC once the conversion is done. This says nothing about different share classes that determine control (the nonprofit will likely still have control of the PBC due to higher power voting shares). The biggest question is how much equity in the PBC Microsoft will get.
- ChrisArchitect 1y agoRelated: A joint statement from OpenAI and Microsoft https://news.ycombinator.com/item?id=45216376 https://news.ycombinator.com/item?id=45216376 OpenAI Takes Big Steps Toward Its Long-Planned Reorganization https://news.ycombinator.com/item?id=45216376 https://news.ycombinator.com/item?id=45216376