>"OpenAI was in talks this month to sell existing shares in a tender offer that would value the company at around $29 billion, The Wall Street Journal reported, making it one of the most valuable U.S. startups on paper despite generating little revenue."
Can anyone say why they wouldn't have gone that route? Is that valuation possibly based on market condition from a year ago?
>"OpenAI was in talks this month to sell existing shares in a tender offer that would value the company at around $29 billion, The Wall Street Journal reported, making it one of the most valuable U.S. startups on paper despite generating little revenue."
Can anyone say why they wouldn't have gone that route? Is that valuation possibly based on market condition from a year ago?
[1] https://archive.is/slxcE