OpenAI's H1 2025: $4.3B in income, $13.5B in loss
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OpenAI's H1 2025: $4.3B in income, $13.5B in loss
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Re: OpenAI's H1 2025: $4.3B in income, $13.5B in loss
#2"We lose money on every sale, but make it up in volume!"
Re: OpenAI's H1 2025: $4.3B in income, $13.5B in loss
#3> US$2.5 billion on stock-based compensation
um...
Re: OpenAI's H1 2025: $4.3B in income, $13.5B in loss
#4> US$2.5 billion on stock-based compensation um...
Never having worked for a company in a position like OpenAI, how does this manifest in the real world as actual comp?
Like I get 50,000 shares deposited in to my Fidelity account, worth $2 each, but i can't sell them or do anything with them?
Re: OpenAI's H1 2025: $4.3B in income, $13.5B in loss
#5$2.5B in stock comp for about 3,000 employees. that’s roughly $830k per person in just six months. Almost 60% of their revenue went straight back to staff.
Re: OpenAI's H1 2025: $4.3B in income, $13.5B in loss
#6> US$2.5 billion on stock-based compensation um...
this hides major dilution until future financings
best to treat it like an expense from the perspective of shareholders
Re: OpenAI's H1 2025: $4.3B in income, $13.5B in loss
#7The news about how much money Nvidia is investing just so that OpenAI can pay Oracle to pay Nvidia is especially concerning - we seem to be arriving at the financial shell games phase of the bubble.
Re: OpenAI's H1 2025: $4.3B in income, $13.5B in loss
#8These numbers are pretty ugly. You always expect new tech to operate at a loss initially but the structure of their losses is not something one easily scales out of. In fact it gets more painful as they scale. Unless something fundamentally changes and fast this is gonna get ugly real quick.
Re: OpenAI's H1 2025: $4.3B in income, $13.5B in loss
#9> US$2.5 billion on stock-based compensation um...
Never having worked for a company in a position like OpenAI, how does this manifest in the real world as actual comp? Like I get 50,000 shares deposited in to my Fidelity account, worth $2 each, but i can't sell them or do anything with them?
It's just an entry on some computer. Maybe you can sell it on a secondary market, maybe you can't. You have to wait for an exit event - being acquired by someone else, or an IPO.
Re: OpenAI's H1 2025: $4.3B in income, $13.5B in loss
#10$2.5B in stock comp for about 3,000 employees. that’s roughly $830k per person in just six months. Almost 60% of their revenue went straight back to staff.
That’s how it should be, spread the wealth.