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OPENAI PPUS: HOW OPENAI'S UNIQUE EQUITY COMPENSATION WORKS

OpenAI's capped profit model means that the company will be able to generate more value than it would owe investors. Its employees receive a base salary and equity in Profit Participation Units (PPUs). This article explains how OpenAI's PPUs work, how OpenAI distributes them, and other benefits that OpenAI offers to employees. A link to a compensation benchmarking tool for employers is available near the end of the article.

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