Earlier quoted context omitted.
OpenAI never enforced this, removed it, and admitted it was a big mistake. I work at OpenAI and I'm disappointed it happened but am glad they fixed it. It's no longer hanging over anyone's head, so it's probably inaccurate to suggest that Calvin's post is positive because he's trying to protect his equity from being taken. (though of course you could argue that everyone is biased to be positive about companies they o…
> It's no longer hanging over anyone's head, The tender offer limitations still are, last I heard. Sure, maybe OA can no longer cancel your vested equity for $0... but how valuable is (non-dividend-paying) equity you can't sell? (How do you even borrow against it, say?)
(It would be a pretty fake solution if equity cancellation was halted, but equity could still be frozen. Cancelled and frozen are de facto identical until the first dividend payment, which could take decades.)