OpenAI wraps $7B share sale ahead of potential IPO

17 pointsposted 8 hours ago
by kristianp
(cnbc.com)

2 Comments

m101

8 hours ago

This to me smells like OpenAI don’t trust the IPO price to hold 6 months before employees get liquidity, so they’re cashing them out early and will replace the capital with IPO capital.

re-thc

7 hours ago

IPO delayed? Options expiring?