Sources: OpenAI facilitated a $6.6B secondary share sale in October 2025 for 600+ current and ex-employees; over 75 people cashed out the maximum cap of $30M (Berber Jin/Wall Street Journal)
OpenAI facilitated a $6.6B secondary share sale enabling 600+ current and former employees to cash out stock, with over 75 people hitting the $30M individual cap, signaling strong employee liquidity at the company's current valuation.
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<a href="https://www.wsj.com/tech/openai-employee-stock-sales-71ed10bd?st=h9zhSU&reflink=desktopwebshare_permalink"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260511/i2.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260511/p2#a260511p2" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Berber Jin / <a href="https://www.wsj.com/">Wall Street Journal</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.wsj.com/tech/openai-employee-stock-sales-71ed10bd?st=h9zhSU&reflink=desktopwebshare_permalink">Sources: OpenAI facilitated a $6.6B secondary share sale in October 2025 for 600+ current and ex-employees; over 75 people cashed out the maximum cap of $30M</a></b></span> — Employees waited two years to sell their shares. Then, the company let them unload $30 million.</p>
Read at source: https://www.techmeme.com/260511/p2#a260511p2