zlacker

I bet it was multifaceted. By firing Sam this way they nuked their ability to raise funds because anyone investing in the "for profit" subsidiary would have to do so with the understanding that the non-profit could undermine them at a whim.

Also, all the employees are being paid with PPUs which is a share in future profits, and now they find out that actually, the company doesn't care about making profit!

A lot of top talent with internal know-how will be poached left and right. Many probably going to Sam's clone that he will raise billions for with a single call.

>>brigad+(OP)
> they nuked their ability to raise funds

I think this well is deeper than you're giving it credit for.

>>caturo+f2
Sure but it would be at a much, much lower valuation.

>>brigad+(OP)
>Also, all the employees are being paid with PPUs which is a share in future profits, and now they find out that actually, the company doesn't care about making profit!

Maybe. But on their investing page it literally says to consider an OpenAI investment as a "donation" as it is very high risk and will likely not pay off. Everyone knew this going into it.