Comment by tonfa
8 hours ago
You also need to take into account equity, since it went up 250% in a year it can be a large amount of someone's compensation.
8 hours ago
You also need to take into account equity, since it went up 250% in a year it can be a large amount of someone's compensation.
Until it’s really liquid it’s still fiction. The salary and other cash compensation is all that matters until you can actually sell the options
Want does “really” mean?
If there are enough opportunities to offload stock on the secondary market (which seems to be the case of them), then it’s not fiction.
If you can show me that they can sell without OpenAI approval on the secondary market, I would concede in a heartbeat.
If not, I am to assume this isn’t true, and that they are functionally non liquid possible assets at the discretion of OpenAI to sell
4 replies →
Aren't their secondary markets for this? My wife gets offers constantly for her options even though they're not public yet and the offers are higher then what she was awarded them at. Maybe it's scams? we never took any of them up on it.