OpenAI Has Already Created 300+ Decamillionaires. More Than a Decade of B2B IPOs Combined. Before Going Public. (opens in new tab)

Per the WSJ, OpenAI ran a tender offer last October. Over 600 current and former employees sold $6.6 billion in stock. Roughly 75 of them walked away with the full $30 million cap. The other 525 split the remaining $4.35 billion at an average of about $8.3 million each. That’s a single wealth event. No... Continue Reading