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What is interesting is that Sam noted that OpenAI board should go after his shares if he were to go off on the company...which implies some sort of ownership that others had no prior knowledge of.

What's the over-under of his shares being more than 2%?

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Based on OpenAI's structure, I would expect his equity would be in the OpenAI holding company, and not OpenAI Global, LLC which Microsoft is a minority owner of and the holding company is a majority holder. The holding company is what employees and investors have equity in.

If Altman had equity directly in OpenAI Global that would be really odd and go against OpenAIs previous disclosures.

https://openai.com/our-structure

That was a joke, the fact that he has no shares is the punchline.

He is basically saying they have no leverage to stop him speaking out once he’s been fired (which they might if he remained an equity holder).

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