{"id":88557,"date":"2019-03-11T13:03:19","date_gmt":"2019-03-11T20:03:19","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2019\/03\/openai-lp"},"modified":"2019-03-11T13:03:19","modified_gmt":"2019-03-11T20:03:19","slug":"openai-lp","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2019\/03\/openai-lp","title":{"rendered":"OpenAI LP"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/openai-lp.jpg\"><\/a><\/p>\n<p>The fundamental idea of OpenAI LP is that investors and employees can get a capped return if we succeed at our mission, which allows us to raise investment capital and attract employees with startup-like equity. But any returns beyond that amount\u2014and if we are successful, we expect to generate orders of magnitude more value than we\u2019d owe to people who invest in or work at OpenAI LP\u2014are owned by the original OpenAI Nonprofit entity.<\/p>\n<hr>\n<p>We\u2019ve created OpenAI LP, a new \u201ccapped-profit\u201d company that allows us to rapidly increase our investments in compute and talent while including checks and balances to actualize our <a href=\"https:\/\/openai.com\/charter\/\">mission<\/a>.<\/p>\n<p><!-- Link: <a href=\"https:\/\/openai.com\/blog\/openai-lp\/\">https:\/\/openai.com\/blog\/openai-lp\/<\/a> --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The fundamental idea of OpenAI LP is that investors and employees can get a capped return if we succeed at our mission, which allows us to raise investment capital and attract employees with startup-like equity. But any returns beyond that amount\u2014and if we are successful, we expect to generate orders of magnitude more value than [\u2026]<\/p>\n","protected":false},"author":509,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-88557","post","type-post","status-publish","format-standard","hentry","category-futurism"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/88557","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\/509"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=88557"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/88557\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=88557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=88557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=88557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}