5 ms·
Investors get spooked the only thing they can do is mark it to zero. There's no "getting your money back" It has been spent on salaries, servers, Washington PR
by harry8 2mo ago
Investors get spooked the only thing they can do is mark it to zero. There's no "getting your money back" It has been spent on salaries, servers, Washington PR firms, political donations...
- csomar 2mo agoWe don't know the specifics of openai fund raises, but there are generally clawback clauses.
- amazingman 2mo agoI'm talking about the money in the bank, the promised money to come, etc. Of course the spent money is already spent.