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1. rs999g+(OP)[view] [source] 2023-06-24 16:42:51
300k salary + 600k stock
replies(1): >>almost+y3
2. almost+y3[view] [source] 2023-06-24 16:59:54
>>rs999g+(OP)
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

replies(3): >>kojeov+W3 >>wmf+25 >>BasedA+5d
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3. kojeov+W3[view] [source] [discussion] 2023-06-24 17:01:45
>>almost+y3
Wonder if we'll see many IPOs from any companies not turning a profit anytime soon
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4. wmf+25[view] [source] [discussion] 2023-06-24 17:06:03
>>almost+y3
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.
replies(1): >>scarfa+w9
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5. scarfa+w9[view] [source] [discussion] 2023-06-24 17:35:36
>>wmf+25
It’s completely different. I can sell my RSUs in AMZN as soon as they vest on the public market at market price.
replies(1): >>wmf+Mb
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6. wmf+Mb[view] [source] [discussion] 2023-06-24 17:52:18
>>scarfa+w9
For pre-IPO companies you have things like SecondMarket.
replies(1): >>scarfa+7d
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7. BasedA+5d[view] [source] [discussion] 2023-06-24 18:00:15
>>almost+y3
UBI will just be everyone getting paid dividends from OpenAI stock
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8. scarfa+7d[view] [source] [discussion] 2023-06-24 18:00:44
>>wmf+Mb
Only if your company allows you to sell your shares and only if you work for a company where there is and interest and even then you’re going to be required to sell at a discount.

I know exactly how much my shares are worth on my spreadsheet -

=GOOGLEFINANCE("AMZN", "price") * number of shares

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