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OpenAI is finally letting employees donate their equity to charity

Current and former OpenAI employees have grown increasingly frustrated by the fact that the company hasn’t allowed them to donate their equity to charity in years. But OpenAI has finally seemed to bow to pressure, sending out an email from the company’s equity team stating that current and former employees with eligible shares will be able to participate, according to a memo viewed by The Verge.

A lot of money is on the line: It could give employees who got six-figure equity deals in 2019 the chance to donate millions of dollars to charity.

A source familiar with the situation told The Verge that the company is about 18 months late in del …

Read the full story at The Verge.

Original Source: https://www.theverge.com/ai-artificial-intelligence/822496/openai-employee-equity-donation-charity-rounds-share-valuation

Original Source: https://www.theverge.com/ai-artificial-intelligence/822496/openai-employee-equity-donation-charity-rounds-share-valuation

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