4 hours ago
With a number of high-level departures in recent months from OpenAI, one wonders just how much money they have left. And how close they might be to collapsing...
For a company that wants to have a massive IPO that would be worth multi-billions, if not trillions, is this the cue to leave the party before the music stops?
7 hours ago
Four years to vest anywhere, what's the math to leave so early?
6 hours ago
The vested shares are unlikely to be worth anything, so they are essentially just working for a salary.
4 hours ago
There's a fairly liquid secondary market for OpenAI stock - see: Forge, Hiive, EquityZen
4 hours ago
Doesn’t a sale require approval by OpenAI?
6 hours ago
Outrageously untrue. So untrue there's a name for it.
6 hours ago
Perhaps everything is fine and this person and the bunch of other recent high profile OpenAI departures just really hate money.
5 hours ago
There’s a gulf of possibility between. I’m just disputing the idea they’re working only for paychecks because there are no secondary options for their vested stock.
2 hours ago
One year tenure. Yikes.
7 hours ago
7 hours ago
OpenAI-Anthropic is similar to Twitter-Facebook.
Twitter was full of dramas at the exec and founder level, and that impacted their execution.
Facebook had strong leadership, was very focused, and executed well.