> The fundamental idea of OpenAI LP is that investors and employees can get a capped return if we succeed at our mission
Sorry I still don’t get it. If a private equity investor has shares and another investor wants to buy them off of him at 200x they can do that right? Are they obliged to give any excess returns to the non profit? Can’t they just sell the shares at 50x and then buy them back (perhaps through some other entity) to get around that trivially?
Or does this refer to return from dividents?