[harry8]

Investors get spooked the only thing they can do is mark it to zero. There's no "getting your money back" It has been spent on salaries, servers, Washington PR firms, political donations...

[amazingman]

I'm talking about the money in the bank, the promised money to come, etc. Of course the spent money is already spent.

[csomar]

We don't know the specifics of openai fund raises, but there are generally clawback clauses.