Re:Leaked OpenAI documents reveal aggressive tactics toward ...
by danielmarkbruce on Wednesday May 22, 2024 @07:51PM
(#40448436)
I don't think it was negotiated on exit. It was threatened on exit. The ability to do it was almost certainly already in place.
Re:Leaked OpenAI documents reveal aggressive tactics toward ...
by JumpCrisscross on Wednesday May 22, 2024 @09:26PM
(#40449285)
> The ability to do it was almost certainly already in place
Why? OpenAI is a shitshow. Their legal structure is a mess. Yanking vested equity on the basis of a post-purchase agreement signed under duress sounds closer to securities fraud than anything thought out.
Re:Leaked OpenAI documents reveal aggressive tactics toward ...
by danielmarkbruce on Wednesday May 22, 2024 @09:37PM
(#40449364)
I'm not saying it was thought out, I'm saying it was in place. My understanding is that the shareholders agreement had something which enabled the canceling of the shares (not sure if it was all shares, shares granted to employees, or what). I have not seen the document, so you may be right, but that's my understanding.
Re:Leaked OpenAI documents reveal aggressive tactics toward ...
by JumpCrisscross on Thursday May 23, 2024 @02:37AM
(#40451231)
> the shareholders agreement had something which enabled the canceling of the shares
OpenAI doesn't have shares per se, since they're not a corporation but some newfangled chimeric entity. Given the man who signed the documents allegedly didn't read them, I'm not sure why one would believe everything else is buttoned up.
Re:Leaked OpenAI documents reveal aggressive tactics toward ...
by interactivecode on Thursday May 23, 2024 @10:36AM
(#40455274)
If its not negotiated on exit why are they requesting additional documents to be signed when leaving? Clearly nothing like this was agreed at the start of employment.
Never negotiated on exit.