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misswaterfairy 7 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?
evanwolf 11 hours ago [-]
Four years to vest anywhere, what's the math to leave so early?
SnorkelTan 10 hours ago [-]
The vested shares are unlikely to be worth anything, so they are essentially just working for a salary.
twalla 8 hours ago [-]
There's a fairly liquid secondary market for OpenAI stock - see: Forge, Hiive, EquityZen
dgellow 7 hours ago [-]
Doesn’t a sale require approval by OpenAI?
browningstreet 10 hours ago [-]
Outrageously untrue. So untrue there's a name for it.
bayarearefugee 9 hours ago [-]
Perhaps everything is fine and this person and the bunch of other recent high profile OpenAI departures just really hate money.
browningstreet 8 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.
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?
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.