David Sacks Explains How Sam Altman Will Own Most of OpenAI
Billionaire David Sacks of the All in Podcast explains how CEO Sam Altman will won most of OpenAI. Sacks says that the funding for OpenAI has been a capped return model. Capped return means that investors get returns up to some multiple say 10X or 100X. When they get their return then there shares revert …