Tech IndustrySep 26, 2023
Microsoft🥜drone

Open AI employees - cha ching!

Just read on Tech Crunch / WSJ that Open AI is doing a raise to allow employees to sell. Target valuation is 80-90B. Cha freaking ching! Congrats!

Block wfh4lyfee Sep 26, 2023

Yep even if it gets to less than this they are also easily making 1-2 million a year. Crazy.

GE Aerospace$ Sep 26, 2023

It doesn't work that way, it would be their equity valuation would float around a million dollars year on end, its not growing a million per year

Roblox Broblox Sep 26, 2023

Fudge.... I applied to OpenAI 3 months ago and they didn't reply until well after I started my new job. I was thinking ... eh, it's a lot of paper money, so why feel bad saying no?

Microsoft uniforn Sep 26, 2023

Sorry

Financial Services Company rVkN71 Sep 26, 2023

They don’t get equity? I thought it was PPUs