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Why does Co-founder Sam Altman have zero OpenAI equity?
short by Pragya Swastik / on Tuesday, 17 December, 2024
OpenAI Co-founder Sam Altman didn't take any equity when it launched in 2015 and draws just $76,000/year (₹65 lakh) salary. He recently said, "This is my childhood dream job...Getting to work on AI...with the smartest researchers...is what I always wanted." Earlier, Altman said he rejected an equity stake because OpenAI needed a majority disinterested board to qualify for nonprofit status.
read more at Moneycontrol