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OpenAI mints hundreds of overnight millionaires as staff cash out $6.6bn in share sale | Collector
OpenAI mints hundreds of overnight millionaires as staff cash out $6.6bn in share sale
Business Matters

OpenAI mints hundreds of overnight millionaires as staff cash out $6.6bn in share sale

Around 600 OpenAI staff have shared a $6.6bn (£4.8bn) payout in a secondary share sale, with average proceeds of $11m and the largest sellers banking $30m apiece, as the ChatGPT maker eyes a 2027 IPO at a $1tn valuation. Read more: OpenAI mints hundreds of overnight millionaires as staff cash out $6.6bn in share sale

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