The ceo being sued for raping his sister wan’t enough?
AbeFromanEast on
The head of Revenue Accounting left, a key role prior to a company’s IPO. Their OpenAI stock options depended on them staying for the IPO.
That should tell us something about what the numbers are vs. what Altman wants them to be.
easycoverletter-com on
IPO? Fucking hell.
kummer5peck on
My theory is that these tech IPOs are only meant to give insiders and early investors a chance to cash out and leave retail investors holding the bag.
paka96819 on
Sam Altman died from rabies.
I read that the other day.
fredandlunchbox on
Stop asking why and start looking at their hire date. Was it exactly 4 years ago? That’s why they’re leaving.
Startup stock options generally vest after 4 years and then they’re yours forever. They’re getting to 4 years, they’re burned out, they’re taking the money and looking at houses in Atherton.
AttentionNo6359 on
It’s almost like AI is fool’s gold and the people with front row seats can see that clearly.
kmh55 on
Best answer here is that these execs are being replaced by AI that will do better.
PM_ME_YOUR_PROFILE on
Not really. It’s pretty normal to cash out in private sales, exit before the IPO, and be out of any non-compete agreement that prevents you from selling for 90- 180 days after the IPO, so you can cash out on the day of the IPO.
Clean-Shift-291 on
Please, someone create an Ai-blocker called
“Closed Ai”
fresh_reed_5834 on
the timing on this is wild. major exodus right before everyone gets to cash out
pacman2081 on
Market cap of $852 billion with massive CAPex requirements is questionable
lasooch on
What IPO? Yeah nah that’s not happening.
They allegedly postponed to next year, but let’s be real, they might not exist next year and certainly not in a _better_ IPO shape.
Ill-Bullfrog-5360 on
You typically trim the non ceasar before an ipo and merger or sale.
VariationAgreeable29 on
He’s a people pleaser. He’s not a leader.
ReidenLightman on
OpenAI should also be seen as a red flag
morbihann on
The talent exodus is the least of the company issues.
Kataphractoi on
I didn’t think AI was going to replace AI talent this quickly.
spookje on
And what, all the other stuff that’s been happening around OpenAI and AI in general the last year or two was not a huge red flag? They’re one red flag after the other at this point.
jubbing on
Because Claude pay better
lo_fi_ho on
Oops. Anyway..
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22 Kommentare
Just have AI take the jobs. /s
The ceo being sued for raping his sister wan’t enough?
The head of Revenue Accounting left, a key role prior to a company’s IPO. Their OpenAI stock options depended on them staying for the IPO.
That should tell us something about what the numbers are vs. what Altman wants them to be.
IPO? Fucking hell.
My theory is that these tech IPOs are only meant to give insiders and early investors a chance to cash out and leave retail investors holding the bag.
Sam Altman died from rabies.
I read that the other day.
Stop asking why and start looking at their hire date. Was it exactly 4 years ago? That’s why they’re leaving.
Startup stock options generally vest after 4 years and then they’re yours forever. They’re getting to 4 years, they’re burned out, they’re taking the money and looking at houses in Atherton.
It’s almost like AI is fool’s gold and the people with front row seats can see that clearly.
Best answer here is that these execs are being replaced by AI that will do better.
Not really. It’s pretty normal to cash out in private sales, exit before the IPO, and be out of any non-compete agreement that prevents you from selling for 90- 180 days after the IPO, so you can cash out on the day of the IPO.
Please, someone create an Ai-blocker called
“Closed Ai”
the timing on this is wild. major exodus right before everyone gets to cash out
Market cap of $852 billion with massive CAPex requirements is questionable
What IPO? Yeah nah that’s not happening.
They allegedly postponed to next year, but let’s be real, they might not exist next year and certainly not in a _better_ IPO shape.
You typically trim the non ceasar before an ipo and merger or sale.
He’s a people pleaser. He’s not a leader.
OpenAI should also be seen as a red flag
The talent exodus is the least of the company issues.
I didn’t think AI was going to replace AI talent this quickly.
And what, all the other stuff that’s been happening around OpenAI and AI in general the last year or two was not a huge red flag? They’re one red flag after the other at this point.
Because Claude pay better
Oops. Anyway..