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madisp | 1 year ago

Are stock options "vested equity"? Afaik they're a derivative, and it's surprising to see this exact phrase both in the OpenAI's response to the vox.com article and in sama's tweet. Also, isn't OpenAI using some sort of profit-sharing units instead of options?

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orionsbelt|1 year ago

Yes to all of your questions, but not sure what your point is.

croemer|1 year ago

That consciously using the wrong term could allow weaseling out: we never clawed back vested equity. We only clawed back profit sharing units.