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OpenAI was worth $29 billion three and a half years ago. A new hire who joined then is easily worth tens of millions today.

This is not how OpenAI has structured their comp according to public info: https://www.levels.fyi/blog/openai-compensation.html

PPUs were all converted to RSUs when the company restructured to being for-profit.

Those who got PPUs have had many chances of tender offers already. Most of them are multi millionaires, on cash, not on paper