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1. astran+(OP)[view] [source] 2023-11-18 01:06:48
He didn't have equity in OpenAI either, he seemed to be running it for fun. Of course, he can get cash payments.
replies(2): >>mkagen+Ai >>rchaud+fl
2. mkagen+Ai[view] [source] 2023-11-18 03:15:49
>>astran+(OP)
Someone had mentioned in the other thread - he had equity via some yc investment somehow.
replies(1): >>astran+BI
3. rchaud+fl[view] [source] 2023-11-18 03:33:42
>>astran+(OP)
I'm highly suspicious of these types of claims. Steve Jobs was famously on a salary of $1, to get Apple back on track....no mention of the 7.8 million stock options backdated to maximize the gains on the share price.

They're all getting paid one way or another.

replies(1): >>astran+ly
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4. astran+ly[view] [source] [discussion] 2023-11-18 05:11:12
>>rchaud+fl
Sure, they can promise to give him some later. But he doesn't have them now; unvested anything would have expired.

That's the reason nobody does stock options anymore though, it's all RSUs now.

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5. astran+BI[view] [source] [discussion] 2023-11-18 06:34:41
>>mkagen+Ai
He appears to say he doesn't.

https://x.com/sama/status/1725748751367852439

Though any fund containing MSFT must be correlated.

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