zlacker

[parent] [thread] 14 comments
1. jakobo+(OP)[view] [source] 2024-02-14 02:30:19
Vested his rsu and left
replies(9): >>rvz+l1 >>nextwo+C3 >>choppa+N3 >>jumpCa+a4 >>fbdab1+w9 >>p1esk+3g >>VirusN+mh >>lysecr+sN >>whipla+N53
2. rvz+l1[view] [source] 2024-02-14 02:42:17
>>jakobo+(OP)
Exactly. That is the real reason.
3. nextwo+C3[view] [source] 2024-02-14 03:01:46
>>jakobo+(OP)
Only 1/4th tho?
4. choppa+N3[view] [source] 2024-02-14 03:03:33
>>jakobo+(OP)
And got very bored and unhappy with big company issues. And has the perspective from his time at Tesla to know how things only get worse for creativity at that stage.
replies(1): >>jdd33+j5
5. jumpCa+a4[view] [source] 2024-02-14 03:06:04
>>jakobo+(OP)
Rsu exist before ipo?
◧◩
6. jdd33+j5[view] [source] [discussion] 2024-02-14 03:13:38
>>choppa+N3
Its not a good thing if true. Tech and creative folk have to find ways to stick around or the financial folk fill the leadership and decision making space.
replies(1): >>steveB+OQ
7. fbdab1+w9[view] [source] 2024-02-14 03:52:31
>>jakobo+(OP)
Presumably he was already set for life from his Tesla gig, no?
8. p1esk+3g[view] [source] 2024-02-14 04:53:58
>>jakobo+(OP)
He is one of OpenAI founders. I don’t think he needs to vest anything.
replies(1): >>Jensso+jC
9. VirusN+mh[view] [source] 2024-02-14 05:10:21
>>jakobo+(OP)
he was a director at Tesla when the stock 10xed.

The guy has many tens of millions of dollars most likely.

◧◩
10. Jensso+jC[view] [source] [discussion] 2024-02-14 09:12:15
>>p1esk+3g
He founded the non profit, not the part that earns money. Non profit founders doesn't have shares.
replies(1): >>dathin+EZ
11. lysecr+sN[view] [source] 2024-02-14 11:39:55
>>jakobo+(OP)
I usually agree but I honestly believe even before OpenAI he was set for life and he will now care more about how exciting the work is and how much it aligns with his interests/values.
replies(1): >>jester+F01
◧◩◪
12. steveB+OQ[view] [source] [discussion] 2024-02-14 12:09:34
>>jdd33+j5
It's a hard thing to manage. Tech orgs of ~20 people are just more fun than tech orgs of 200 people, which are more fun that tech orgs of 20,000 people which.. you get the picture.

You can create and encourage small teams, but then they need to coordinate somehow. Coordination & communication overhead grows exponentially. Then you get all the "no silos" guys and then its all over..

◧◩◪
13. dathin+EZ[view] [source] [discussion] 2024-02-14 13:24:58
>>Jensso+jC
yeah, he is basically on of the people who got screwed over, but given that he did work for OpenAI he might not thinking about it that way
◧◩
14. jester+F01[view] [source] [discussion] 2024-02-14 13:32:31
>>lysecr+sN
Even when you have a yacht, you wanna get a bigger one :)
15. whipla+N53[view] [source] 2024-02-15 00:27:41
>>jakobo+(OP)
OpenAI does not have RSUs. They have shares of future profit instead.
[go to top]