CNA938 Rewind - Employee Stock Explained: What OpenAI’s US$50B Equity Pool Means for Workers
OpenAI reportedly set aside an employee stock grant pool worth about US$50 billion — roughly 10% of the company based on an earlier US$500B valuation. So what is “employee stock”, and why do companies use stock grants (and vesting) to attract and keep talent? Andrea Heng and Hairianto Diman break down how equity pay can create big upside — and the risks, from valuation swings to the fine print employees often miss with Nirgunan Tiruchelvam, Head of Consumer and Internet, Aletheia Capital