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1. ed2551+(OP)[view] [source] 2023-06-24 17:07:30
I guess the first part of that is like netflix, but as you know the second part is not since netflix is 100% cash unless you want to participate some portion of that in the employee stock plan.
replies(2): >>jedber+h >>TenJac+i
2. jedber+h[view] [source] 2023-06-24 17:09:14
>>ed2551+(OP)
Yes, the first part of the philosophy, pay top of market. Not the second part, where they employee gets to choose their level of exposure to investment risk. But Netflix is a public company, and OpenAI is not.
replies(1): >>scarfa+C3
3. TenJac+i[view] [source] 2023-06-24 17:09:17
>>ed2551+(OP)
The part about paying top of market to get the best talent is the same. The breakdown of comp is not.
replies(1): >>swores+v2
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4. swores+v2[view] [source] [discussion] 2023-06-24 17:24:52
>>TenJac+i
Sorry to be perhaps slightly rude, but you don't seem to have added anything other than saying the same thing as the person you replied to?
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5. scarfa+C3[view] [source] [discussion] 2023-06-24 17:31:45
>>jedber+h
If I can’t use “the pay” to exchange for goods and services when I earn it, it’s not “pay”
replies(1): >>gambit+q5
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6. gambit+q5[view] [source] [discussion] 2023-06-24 17:44:54
>>scarfa+C3
Obviously wrong - a company car or a gym membership plan are part of your pay even though you can't use either to pay for goods and services
replies(2): >>User23+i6 >>scarfa+08
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7. User23+i6[view] [source] [discussion] 2023-06-24 17:50:44
>>gambit+q5
Obviously wrong. You’re confusing pay with compensation.
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8. scarfa+08[view] [source] [discussion] 2023-06-24 18:02:19
>>gambit+q5
And I’m still trading labor for compensation that I’m exchanging for goods and services.

What type of goods and services can I exchange for illiquid equity or profit sharing that may or may not come years later?

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