The documents suggest that OpenAI could claw back equity from former employees or block them from selling it. This has raised concerns about the company's transparency and trustworthiness, particularly given its influential role in artificial intelligence. OpenAI has since stated that it is reaching out to former employees to assure them their vested equity will not be cancelled and they are released from nondisparagement obligations. However, questions remain about the company's handling of the situation and the extent of its pressure tactics.
Key takeaways:
- OpenAI, a tech company valued at $80 billion, reportedly threatened employees with the loss of their vested equity if they refused to sign restrictive exit documents.
- CEO Sam Altman issued an apology, stating that the company has never clawed back anyone's vested equity and will not do so in the future. However, documents obtained by Vox contradict these claims.
- OpenAI's equity policy has caused distress among employees and ex-employees, and has raised questions about the company's transparency and trustworthiness.
- Despite public reassurances, ex-employees remain concerned about the company's potential for legal retaliation, as the incorporation documents give OpenAI many avenues to claw back equity or block its sale.