zlacker

[return to "$900k Median Package for Engineers at OpenAI"]
1. rs999g+n2[view] [source] 2023-06-24 16:42:51
>>zuhaye+(OP)
300k salary + 600k stock
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2. almost+V5[view] [source] 2023-06-24 16:59:54
>>rs999g+n2
Not stock PPUs which are only worth anything if they turn a profit and according to OpenAI that isn’t happening until AGI.

https://www.levels.fyi/blog/openai-compensation.html

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3. wmf+p7[view] [source] 2023-06-24 17:06:03
>>almost+V5
OpenAI PPUs are no different than stock in a growing-but-unprofitable company like old Amazon. You don't have to wait for dividends; you can sell your PPUs to speculators who expect returns in the future.
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4. scarfa+Tb[view] [source] 2023-06-24 17:35:36
>>wmf+p7
It’s completely different. I can sell my RSUs in AMZN as soon as they vest on the public market at market price.
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5. wmf+9e[view] [source] 2023-06-24 17:52:18
>>scarfa+Tb
For pre-IPO companies you have things like SecondMarket.
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