Comment by scarface_74
3 years ago
No, Netflix pays top of market like you said “in cash”. Paying “profit sharing” in a company that isn’t profitable isn’t nearly as valuable.
Edit:
I love this analogy
> Or to think of it another way, you're getting paid $900K a year but you're also investing $600K a year in OpenAI, which may end up being an amazing return or nothing at all, just like any startup investment.
Would someone invest 2/3rds of their compensation in one company? I know I diversify my RSUs within six months after getting them.
I feel like person you're replying to specifically implied that OpenAI does it differently in that aspect, and they were also high up at Netflix so is likely very familiar :)
> Would someone invest 2/3rds of their compensation in one company? I know I diversify my RSUs within six months after getting them.
I also sell my RSUs right away. But you're forgetting one thing -- if I make $600K somewhere else, I can't invest it in OpenAI. It's the opportunity to invest in a startup that you wouldn't get otherwise that is most valuable, if you think the startup will be valuable.
Do you think the next funding round or when it goes public will increase its valuation?
Can you name on tech company that went public in the past decade that has outperformed the S&P? What’s OpenAIs moat that couldn’t be duplicated by a deep pocketed public tech company like Facebook, Google or Amazon (my employer)? Two of those companies already have large publicly available data centers and an existing customer base to sell to.