zlacker

> Doesn't it look like the complete opposite is going to happen though?

Going from OpenAI to Microsoft means ceding the upside: nobody besides maybe Altman will make fuck-you money there.

I’m also not sure as some in Silicon Valley that this is antitrust proof. So moving to Microsoft not only means less upside, but also fun in depositions for a few years.

>>JumpCr+(OP)
Fuck you money was always a lottery ticket based on OpenAI's governance structure and "promises of potential future profit." That lottery ticket no longer exists, and no one else is going to provide it after seeing how the board treated their relationship with Microsoft and that $10B investment. This is a fine lifeboat for anyone who wants to continue on the path they were on with adults at the helm.

What might have been tens or hundreds of millions in common stakeholder equity gains will likely be single digit millions, but at least much more likely to materialize (as Microsoft RSUs).

>>JumpCr+(OP)
No. OpenAI employees do not have traditional equity in the form of RSUs or Options. They have a weird profit-sharing arrangement in a company whose board is apparently not interested in making profits.

>>JumpCr+(OP)
Ha! One of my all-time favourites, the fuck-you position. The Gambler, the uncle giving advice:

You get up two and a half million dollars, any asshole in the world knows what to do: you get a house with a 25 year roof, an indestructible Jap-economy shitbox, you put the rest into the system at three to five percent to pay your taxes and that's your base, get me? That's your fortress of fucking solitude. That puts you, for the rest of your life, at a level of fuck you.

https://www.imdb.com/title/tt2039393/characters/nm0000422

>>DebtDe+J4
Employee equity (and all investments) are capped at 100x, which is still potentially a hefty payday. The whole point of the structure was to enable competitive employee comp.

>>j-a-a-+o8
I haven’t seen the movie, but it seems like Uncle Frank and I would get along just fine.