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Comment by zombiwoof | Hacker News Reader

Can’t wait to see how many staffers who said they would quit sheep their way into the office tomorrow to collect their million dollar salaries

Thanks Sam we bluffed but no way we quiting

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Most employees are on the profit-sharing-esque compensation.

And guess what OpenAI will not be focusing on? Profit.

They are not gonna quit tomorrow. They will leave over time due to the low compensation.

*lower compensation

*much lower...

Their PPUs go to zero if there is no profit to be made and the 85B tender offer is likely also off. I suspect this makes it easier for many of them to quit

Yeah it does seem Ilya was smart enough to realize the overwhelming majority of people get caught up in the emotion of these things, but rarely act on their promises when money is involved. I guess we'll see in the coming weeks who quits, but I doubt it'll be significant. Perhaps once Altman gets another company stood up and has billions in the bank to pay people it'll be a different story.

Million dollar salaries paid in PPUs that are no longer worth millions.

I'd jump ship too if I were them.

It'd be pretty silly to quit in this situation, unless you just absolutely loved and worshiped Sam. You wouldn't be acting on some moral principle.

The only thing the board has really done wrong is not communicating their reasons clearly.

Capital seems to be on Altman's side, they may make a good deal by jumping ship...

Well the value of the company has almost certainly taken a large hit, especially now that Sam is definitely not returning

And no way Thrive, which was just about to buy up employee shares at $80-$90b, is going to go through with the tender offer now

Those few with million dollar salaries can start tomorrow for even much higher salaries in the current market.

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