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by neilv 932 days ago
Recent OpenAI datapoints on Levels.fyi show something like $300K salary and $600K "stock", for hires just in the last few months...

Is that RSUs at some current valuation? ISOs with strike price at current(!) but assuming stratospheric growth continues over vesting period? Something else?

Is the stock value what the landslide support for the CEO-in-exile was about?

1 comments

This is why adding equity to these comparisons is so problematic. It’s not apples to apples
In this particular case, maybe also why it's problematic to align staff too much with the for-profit rather than the non-profit.

If the for-profit didn't already have too much power over the non-profit initially, it does when the entire staff has been given multiples-of-salary reasons to back the for-profit.

How that staff misalignment with the non-profit appears to have been leveraged is exquisite, in how well it was pulled off in the end (especially with the drama). But seems to also be a concern for anyone wanting to structure a non-profit in which there's a fund-raising for-profit sideline, when the stakes are large.