I don't think that's quite it. As I understand it their corporate structure basically has two entities a non-profit and OpenAI LP which has been accepting capped-profit investments. Different investors (early vs late) have received different capped-profit deals from 100x to 7x. Once all investors are paid off then all further profits are meant to flow to the non-profit (not sure what they are meant to do with it!).
Not sure about how this related to the founders, other than Sam Altamn apparently having zero financial stake. I'm guessing the other founders may have put money in and have capped-profit deals ?
HarHarVeryFunny|2 years ago
Not sure about how this related to the founders, other than Sam Altamn apparently having zero financial stake. I'm guessing the other founders may have put money in and have capped-profit deals ?