OpenAI secondary share sale: $6.6B employee tender
OpenAI’s latest OpenAI secondary share sale turned private-company equity into life-changing cash for a large group of employees, underscoring how far the company’s valuation has climbed. In a single tender offer, 75 OpenAI employees each cashed out the maximum allowed, $30 million, a striking figure for a company that still has not gone public. The...
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