Good timeline of the OpenAI thing. Here’s a bit about the structure I didn’t know:

This so-called “capped profit” is unlikely to be a “cap” for practical purposes. It could be tempting to think that OpenAI’s approach of capping profit at 100x of the investment amount is noble or selfless. However, in practice, there’s little meaningful difference between capping profits at this level and having no cap.

Rian van der Merwe Elezea // The B-Sides