David Sacks Explains How Sam Altman Will Own Most of OpenAI
by Brian Wang from NextBigFuture.com on (#6F7R5)
Billionaire David Sacks of the All in Podcast explains how CEO Sam Altman will won most of OpenAI. Sacks says that the funding for OpenAI has been a capped return model. Capped return means that investors get returns up to some multiple say 10X or 100X. When they get their return then there shares revert ...