this post was submitted on 09 Jan 2024
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[–] [email protected] 0 points 7 months ago (1 children)

...except if they IPO or someone sells their shares on the secondary market. You can sell shares without being on a public exchange. Not doing much to dissuade me from my opinion that this is all a shitty effort at Open AI astroturfing.

[–] [email protected] 0 points 7 months ago

Except if they were it'd be well known, and no startup typically has contracts that doesn't involve approvals for secondary sales at this kind of early stage because increasing the number of people on the cap table enough triggers nearly the same reporting requirements as being public, and is a massive burden. Just doesn't work that way.

It's also hilarious that you take posting an article that is at best neutral, with a message of doom and gloom about risks to their business, on Lemmy is something OpenAI would have any interest in. If I wanted to pump OpenAI there are better places to do it, and more positive spins to put on it.