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Turns out a quarter of a million dollar paycheck plus whatever they get for letting Microsoft gobble them up was more pressing for the staffers.

Unless these staff were the unsigned 5%.




The employees had a lot more money than that on the line.


> plus whatever they get for letting Microsoft gobble them up

The average salary there is $250k. More than that would be the vestment greater than their base, no?


As I understand it, there was supposed to be a liquidity event at a valuation of $86B, very soon. This event was no longer scheduled after Altman was removed.


Why have I not read this before it seems like the most obvious reason for all of this


I couldn't tell because that was pretty clear from day #1.

Here is an October 18 article about this:

https://www.bloomberg.com/news/articles/2023-10-18/openai-is...




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