There’s an interesting dynamic here. What value of OpenAI to use for conversion calculation? 86b round is pretty much dead if they move to MS, yet 29b is too low (even 86b is low in terms of future potential). And what kind of upward room there will be?
I have no doubt that MS can spend billions in cash or RSU to compensate all of them, but I do believe there’s some gotcha if exodus actually happens and MS might not be so generous in throwing millions of dollar cash for a general backend engineer recently joining OpenAI.
There’s an interesting dynamic here. What value of OpenAI to use for conversion calculation? 86b round is pretty much dead if they move to MS, yet 29b is too low (even 86b is low in terms of future potential). And what kind of upward room there will be?
I have no doubt that MS can spend billions in cash or RSU to compensate all of them, but I do believe there’s some gotcha if exodus actually happens and MS might not be so generous in throwing millions of dollar cash for a general backend engineer recently joining OpenAI.
If they’re replacing PPUs with RSUs it’s definitely great.
What is the usual PPU deal at OpenAI? What does that even mean / how is it valued?
There’s a good description here.
https://www.levels.fyi/blog/openai-compensation.html