OpenAI is a company that makes smart computer programs. It's very popular and valuable, so its workers can sell some of their parts of the company for a lot of money. A rich man named Josh Kushner helped them do this. Read from source...
1. The headline is misleading and sensationalized. It suggests that OpenAI employees have been given an exclusive permission to sell their shares, which is not true. Any employee can sell their shares at any time, subject to market conditions and demand.
2. The article does not provide a clear definition or explanation of what a tender offer is, how it works, or why it matters for OpenAI and its shareholders. A tender offer is an offer made by an investor or a company to buy out some or all of the shares of its shareholders at a specified price. It can be used to gain control, reduce debt, or reward loyal shareholders.
3. The article relies on an unnamed source from Bloomberg, which raises questions about the credibility and reliability of the information. A proper news article should cite multiple sources, preferably from official statements or documents, to support its claims and avoid rumors or speculation.
4. The article fails to mention any details about the deal led by Thrive Capital, such as the amount, terms, conditions, or reasons behind it. It also does not explain the relationship between Thrive Capital and OpenAI, or how this deal affects the future of AI research and innovation.
5. The article implies that OpenAI's valuation of $86 billion is based on the tender offer, which is incorrect. OpenAI's valuation is determined by its financial performance, market share, growth potential, and competitive advantage, among other factors. The tender offer may have an impact on the liquidity and volatility of the shares, but not on the overall value of the company.