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0 pointsroflyear3y ago0 comments

When you invest in a company with this structure you're not doing it to make money, you're doing it b/c you believe in the product, that's why those structures exist, from my understanding.

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whimsicalism3y ago· 2 in thread

if you believe in the product so much, just donate the money.

what you are saying is not true.

roflyearOP3y ago

I can only speak to what I'm familiar with, in my experience this has been the case. In my experience these individuals do donate to charity, but OpenAI is not a charity.

CBarkleyU3y ago

> but OpenAI is not a charity.

Something doesnt have to be a charity to be donated money towards. The question was: Why aren't they donating the money? The answer is: Because the want to make money.

Just FYI: OpenAI tried going the non-profit route, it didnt work, because suprise, suprise, in the grand scheme of VC things nobody wants to donate 10 billion dollars to anything.

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