zlacker

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

>>almost+(OP)
Wonder if we'll see many IPOs from any companies not turning a profit anytime soon

>>almost+(OP)
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.

>>wmf+u1
It’s completely different. I can sell my RSUs in AMZN as soon as they vest on the public market at market price.

>>scarfa+Y5
For pre-IPO companies you have things like SecondMarket.

>>almost+(OP)
UBI will just be everyone getting paid dividends from OpenAI stock

>>wmf+e8
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