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OpenAI wraps $7B share sale ahead of potential IPO(cnbc.com)
22 points by kristianp a day ago | 3 comments
m101 21 hours ago | parent | next [-]

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.

blltprfmnk 13 hours ago | parent [-]

Exactly. There was talk of similar dealings before the SpaceX IPO.

re-thc 21 hours ago | parent | prev [-]

IPO delayed? Options expiring?