OpenAI Staff's $6B Payout: Salary & Meta Competition #shorts

There's a $6 billion secondary for staff at OpenAI, and a lot of them are going to make great money at scale. What do we think of staff secondaries at this level of scale, which is in the multiple hundreds, if not low thousands now or low thousand. Getting this level of secondary first start there.

Good for them. And it's, you know, I mean, and it probably speak. Look, again, it speaks to willing buyer, willing seller, a couple things, informed buyer. And it also speaks to. Look, we've talked about this. Given the competitive pressure that Meta has exerted on AI salaries by being willing to offer people cash positions, allegedly. And I haven't 10 to $100 million. If you're sitting there on OpenAI, you, yeah, you can talk about the mission till you're blue in the face, but it's going to help a lot if you can also take off 10 million bucks. So you're going home. I mean, you know, because it's all very. One thing I've learned about large amounts of money, as I see this in acquisitions is one of my rules is this what people say they'll do when faced with a large amount of money is meaningless and bears no relevance either way to what they'll actually do. Predicting who wants to sell their company based on what they say in the abstract is a waste of time. When you get. So taking these offers, when you get the 10 million or $100 million offer from Meta, it rocks you back, I'd say. And you go home, you talk to your spouse, do we want to do this? This changes the rest of our life, and that's real competition. So if you're OpenAI, you can preach the mission, but at some point, you got to match the dollars. And that's. I mean, if you think about it, $6 billion, it's only 60, $100 million engineers. It's only $610 million engineers. I mean, stunningly, to Zakova's comment, it ain't that much, which is hilarious, but wow.