[ed25519FUUU]

I guess the first part of that is like netflix, but as you know the second part is not since netflix is 100% cash unless you want to participate some portion of that in the employee stock plan.

[jedberg]

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.

[scarface_74]

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

[gambiting]

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

[scarface_74]

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?

[User23]

Obviously wrong. You’re confusing pay with compensation.

[TenJack]

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

[swores]

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?