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A comment on Sam Altman returns as CEO, OpenAI has a new initial board. Parent comment

Re:Sam Altman returns as CEO, OpenAI has a new initial board by 0xDEAFBEAD on Thursday November 30, 2023 @01:08AM (#38470245)
"Asset-backed securities" doesn't sound like corporate equity to me.
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Re:Sam Altman returns as CEO, OpenAI has a new initial board by jacquesm on Thursday November 30, 2023 @04:47AM (#38471589)
In a broad reading it could easily be just that.

Securities class contains stock

Stock = backed by the company balance sheet

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Re:Sam Altman returns as CEO, OpenAI has a new initial board by 0xDEAFBEAD on Friday December 01, 2023 @12:40AM (#38483555)
What would be an example of a non-asset-backed security?
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Re:Sam Altman returns as CEO, OpenAI has a new initial board by jacquesm on Friday December 01, 2023 @05:38AM (#38485305)
In the financial world asset backed securities are typically anything that isn't a mortgage, I think that some crypto would qualify as well as the rights to future profits on some venture.
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