Re:OpenAI LP
by ericjang on Monday March 11, 2019 @02:44PM
(#19361618)
If I understand correctly from past announcements, OpenAI has roughly $1B committed in funding? So up until OpenAI attains a $100B valuation, its incentives are indistinguishable from a for-profit entity?
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Re:OpenAI LP
by jackpirate on Monday March 11, 2019 @03:33PM
(#19362046)
Because of dilution resulting from future investments, my understanding is that the valuation could be significantly higher before that threshold gets crossed.