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by IG_Semmelweiss
908 days ago
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Thats putting the carriage before the horse. How did the valuation get there, particularly when it did it before M$off, GOOG, etc? It was the team. Who put the team together? We will never know if OpenAI would have succeeded w/o SA. That's unfalsifiable. But they got to a life changing equity because the CEO helped get it there. My point: SA was likely putting the scaffolding of a 2nd home run in place, right as the board got scared of being on 3rd base going for the run. And therein lies the problem. The BoD was not playing the long game. |
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