Current and former OpenAI employees are frustrated with the company’s delay in allowing them to donate their equity to charity. Recently, OpenAI announced that eligible employees can now participate, following significant pressure. This opportunity could enable those with six-figure equity deals from 2019 to contribute millions to charitable causes. However, the deadline for selecting donation amounts is notably tight, shorter than SEC-mandated timeframes, making it challenging for some to participate. Employees have expressed concerns about OpenAI’s control over their equity, especially amid recent corporate restructuring and valuation increases. Previous charitable rounds occurred in 2021 and 2022, but the latest opportunity was delayed. OpenAI’s recent mega-funding will likely impact its operations and equity dynamics. The company’s share price has surged, with current valuations around $483, reflecting improved financial conditions following its restructuring. The ongoing discourse around equity donation suggests a rising significance amid competition for AI talent and employee satisfaction.
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