Yes, the first part of the philosophy, pay top of market. Not the second part, where they employee gets to choose their level of exposure to investment risk. But Netflix is a public company, and OpenAI is not.

If I can’t use “the pay” to exchange for goods and services when I earn it, it’s not “pay”

Obviously wrong - a company car or a gym membership plan are part of your pay even though you can't use either to pay for goods and services

And I’m still trading labor for compensation that I’m exchanging for goods and services.

What type of goods and services can I exchange for illiquid equity or profit sharing that may or may not come years later?

Obviously wrong. You’re confusing pay with compensation.

The part about paying top of market to get the best talent is the same. The breakdown of comp is not.

Sorry to be perhaps slightly rude, but you don't seem to have added anything other than saying the same thing as the person you replied to?