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by lenerdenator
33 days ago
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There's "fat margins" and then there's the kind of margins that tech industry shareholders expect. OpenAI's original corporate agreements capped its returns at 100x, which is seen as too paltry for its current holders, so they scrapped those to prepare for an IPO [0] That is, in a word, insane. [0] https://abhs.in/blog/openai-for-profit-conversion-ipo-develo... |
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