Workflow
OpenAI Employees May Soon Cash Out Shares Following $6.6 Billion Funding Round
MicrosoftMicrosoft(US:MSFT) GuruFocusยท2024-10-02 23:50

OpenAI employees might soon have the opportunity to sell a portion of their shares, following the company's recent $6.6 billion funding round. This news comes from an internal company memo, which indicated that OpenAI plans to offer liquidity options to eligible employees through a tender offer. The company's Chief Financial Officer, Sarah Friar, mentioned in the memo that they are currently working on the details and intend to share more information with employees at a later date.The latest funding round, ...