As I understand it, there was supposed to be a liquidity event at a valuation of... | Hacker News

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consumer451 on Nov 23, 2023 | parent | context | favorite | on: OpenAI researchers warned board of AI breakthrough...

As I understand it, there was supposed to be a liquidity event at a valuation of $86B, very soon. This event was no longer scheduled after Altman was removed.

93po on Nov 23, 2023 [–]

Why have I not read this before it seems like the most obvious reason for all of this

jacquesm on Nov 23, 2023 | [–]

I couldn't tell because that was pretty clear from day #1.

Here is an October 18 article about this:

https://www.bloomberg.com/news/articles/2023-10-18/openai-is...

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