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'OpenAI walks back controversial stock sale policies, will treat current and former employees the same' - CNBC

Author: Benzinga Newsdesk | June 24, 2024 04:23pm
  • OpenAI has changed its policies towards secondary share sales to allow current and former employees to participate equally in its annual tender offers, CNBC has learned.
  • All current and former staffers "will have the same sales limit" and be able to participate at the same time, OpenAI said in documents shared with stakeholders.
  • Tender offers have become a particularly sensitive subject of late due to OpenAI's skyrocketing valuation and a relatively dormant IPO market.

https://www.cnbc.com/2024/06/24/openai-changes-secondary-stock-sale-rules-treats-ex-staffers-equally.html

Posted In: MSFT


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