Earlier quoted context omitted.
They didn't miss the cloud revolution, and certainly not the AI revolution either. Microsoft is doing absolutely great under Satya Nadella.
That’s more down to dumb luck partnering with OpenAI. You have a point with the cloud computing. I’d hesitate to call it a revolution though. I’d never willingly use a microsoft cloud product if I wasn’t forced to by my employer.
OpenAI employees did not want to go work for Microsoft
181–190 of 264 posts
Re: OpenAI employees did not want to go work for Microsoft
#182Earlier quoted context omitted.
Weird, Microsoft's been invisible to me since the early 2000s. I don't think they could sell me anything. Their whole corporate image is just slimy. Like that one friend that wants you to set up an account on something he's got going, or wants you to join him on an investment. You can totally trust him. You'll have a site, some cloud storage, office software, the works. And the investment? Yeah dude it'll rocket any…
Because a company that is “invisible” to a random person on HN that has been one of the most valuable companies in the world for over 20 years and still sells the operating system powering most of the worlds personal computers, 2nd largest cloud provider, and is embedded deeply in most large enterprises and government, it should mean what exactly?
Re: OpenAI employees did not want to go work for Microsoft
#183Earlier quoted context omitted.
Sounds about right to me. They missed the entire smartphone revolution because they were too slow to adapt their OS (literally their main product) to run on mobile devices.
> Sounds about right to me. They missed the entire smartphone revolution because they were too slow to adapt their OS (literally their main product) to run on mobile devices. Remember the whole antitrust thing? Microsoft was under a consent decree that expired between 2007-2009 (different provisions expired at different times). That decree, combined with the material threat of additional action during that time windo…
It was simply a failure of execution. Can you point to one thing in the consent decree that stopped them from competing better in mobile?
Re: OpenAI employees did not want to go work for Microsoft
#184Earlier quoted context omitted.
Don't forget that with new rounds and new valuation there is also a dilution of shares. If the valuation goes up x10 after next round average developer probably will have the same money locked in rsu/options.
Uh, what? Are you claiming that if a company experiences a 10x (!) increase in valuation, that the dilution fully destroys that upside and the average developer experiences no increase in their comp? That is not even vaguely close to true in my experience.
I'm not talking about key people, about first 50 employees, etc. Regular people.
Re: OpenAI employees did not want to go work for Microsoft
#185Why would OpenAI employees want to jump ship to Microsoft, especially when Microsoft's been slashing jobs and freezing pay? Doesn't really add up for me.
The main reason why you'd not want to do it is that Startup Funny Money stock options won't be as high as they might be if you'd stay independent.
Re: OpenAI employees did not want to go work for Microsoft
#186Earlier quoted context omitted.
TFA talks about a tender offer, which allows employees to sell their shares at almost a 3x valuation compared to earlier this year. This already is a "massive pay day".
The only time that 3x trade would be a good deal is if you think that's the best you're going to do. IF you think your gonna be the next amazon/Facebook/google then selling is foolish. The MS deal may limit or wreck that possibility.
Re: OpenAI employees did not want to go work for Microsoft
#187Earlier quoted context omitted.
I think the deal was for employee to keep their OpenAI compensation even after moving to MSFT
Even if they did you know the annual performance review would go something like: "You did a great job this year and met or exceeded all of the metrics we measured, but your compa ratio is just too high so instead of a raise we are going to give you a lump sum instead." Big company culture vs. startup culture is a known issue. People choose to work for startups to avoid that big company culture, so if a big company bu…
Re: OpenAI employees did not want to go work for Microsoft
#188Earlier quoted context omitted.
Obviously MS does some great things but I wonder what do you think about their culture? MS is trying to make me use Edge Browser by randomly refusing to let me use Bing chat in any other browser. This makes me think that MS is still evil and will force me to do things the moment they can. I gave up Bing Chat because of this and was using Perplexity.ai instead, until Bing got integrated into ChatGPT. Another thing is…
Open AI doesn’t have any meaningful “products” they have good technology and they charge $20 a month for a subscription to a technology demo that doesn’t come close to covering their costs. You think the employees at “Open” AI care about anything more than their large paychecks no matter what they say?
Re: OpenAI employees did not want to go work for Microsoft
#189Re: OpenAI employees did not want to go work for Microsoft
#190Earlier quoted context omitted.
Because a company that is “invisible” to a random person on HN that has been one of the most valuable companies in the world for over 20 years and still sells the operating system powering most of the worlds personal computers, 2nd largest cloud provider, and is embedded deeply in most large enterprises and government, it should mean what exactly?
Because it's not just me. I'm just the only one in this thread. HN is not the entire world.