OpenAI wraps $7B share sale ahead of potential IPO
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Re: OpenAI wraps $7B share sale ahead of potential IPO
#2This to me smells like OpenAI don’t trust the IPO price to hold 6 months before employees get liquidity, so they’re cashing them out early and will replace the capital with IPO capital.
Re: OpenAI wraps $7B share sale ahead of potential IPO
#3IPO delayed? Options expiring?
Re: OpenAI wraps $7B share sale ahead of potential IPO
#4This to me smells like OpenAI don’t trust the IPO price to hold 6 months before employees get liquidity, so they’re cashing them out early and will replace the capital with IPO capital.
Exactly. There was talk of similar dealings before the SpaceX IPO.