Sources: OpenAI bought back ~$7B in shares from current and former employees in a tender offer valuing it at $852B, unchanged from its most recent funding round (Bloomberg)
OpenAI gave employees and alumni another large liquidity window without changing its $852 billion valuation.
The tender offer let current and former employees sell roughly $7 billion of shares. Bloomberg says it comes ahead of a possible Wall Street debut. Techmeme’s note also points to reports that some former employees made $10 million or more from the sale. Techmeme's note
The tender offer let current and former employees sell roughly $7 billion of shares. Bloomberg says it comes ahead of a possible Wall Street debut. Techmeme’s note also points to reports that some former employees made $10 million or more from the sale. Techmeme's note
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