{"id":177152,"date":"2023-11-30T18:25:13","date_gmt":"2023-12-01T00:25:13","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2023\/11\/openai-gives-employees-extra-month-to-opt-into-plan-to-sell-shares"},"modified":"2023-11-30T18:25:13","modified_gmt":"2023-12-01T00:25:13","slug":"openai-gives-employees-extra-month-to-opt-into-plan-to-sell-shares","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2023\/11\/openai-gives-employees-extra-month-to-opt-into-plan-to-sell-shares","title":{"rendered":"OpenAI Gives Employees Extra Month to Opt Into Plan to Sell Shares"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/openai-gives-employees-extra-month-to-opt-into-plan-to-sell-shares2.jpg\"><\/a><\/p>\n<p>OpenAI tender offer is on \u2014 allowing employees to sell shares, and they have until 1\/5 to opt in.<\/p>\n<hr>\n<p>OpenAI is sticking with a plan to let employees sell shares in the company through what\u2019s known as a tender offer, and it\u2019s giving would-be participants an extra month to decide whether to take part, according to several people with knowledge of the matter.<\/p>\n<p>OpenAI had been in talks to sell shares in a deal that would value the artificial intelligence pioneer at $86 billion, people with knowledge of the matter <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-10-18\/openai-is-in-talks-to-sell-shares-at-an-86-billion-valuation\" target=\"_blank\" rel=\"noopener\" class=\"\">told<\/a> Bloomberg in October. But concerns it might not proceed as planned emerged earlier this month amid the turmoil that led to the firing \u2014 then quick re-hiring \u2014 of Chief Executive Officer Sam Altman.<\/p>\n<p>WATCH: OpenAI will let employees sell shares through a tender offer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OpenAI tender offer is on \u2014 allowing employees to sell shares, and they have until 1\/5 to opt in. OpenAI is sticking with a plan to let employees sell shares in the company through what\u2019s known as a tender offer, and it\u2019s giving would-be participants an extra month to decide whether to take part, according [\u2026]<\/p>\n","protected":false},"author":709,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-177152","post","type-post","status-publish","format-standard","hentry","category-robotics-ai"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/177152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/709"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=177152"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/177152\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=177152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=177152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=177152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}