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A comment on It's Time to Stop Taking Sam Altman at His Word. Parent comment

Re:It's Time to Stop Taking Sam Altman at His Word by lolinder on Sunday October 06, 2024 @10:15AM (#41757310)
> where Sam is no longer part of it?

It can be an "exit" in that it makes Sam extremely wealthy while he still hangs on as CEO.

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Re:It's Time to Stop Taking Sam Altman at His Word by hanspeter on Sunday October 06, 2024 @02:56PM (#41759247)
You're thinking of an IPO?

Sure, that's one option. But it's pretty rare for a founder of a $10+ billion startup to immediately liquidate their shares right after an IPO.

It's also a risky bet. If OpenAI goes public, they'll have a hard time justifying the same or a higher valuation than they got Microsoft and Nvidia to buy in at.

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