This 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.
IPO delayed? Options expiring?
alt Hacker News
This 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.