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3 April 2026 Vol 19

OpenAI's employee compensation dwarfs every major tech IPO of the past 25 years


Internal financial disclosures show that OpenAI is distributing more equity per employee than any major technology startup on record. Its stock-based compensation – averaging roughly $1.5 million per worker across a staff of about 4,000 – far exceeds the benchmarks set by historical peers, according to data the company shared with investors.
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