BUSINESSBUSINESS INSIDER
The math behind Silicon Valley's millionaire factory
Equity grants at companies like SpaceX, Anthropic, and OpenAI have turned into significant wealth for employees, with some 2022-2023 grants valued at tens of millions due to valuation surges. However, factors like vesting periods, dilution, and tax liabilities mean the actual value may vary.
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- Hundreds of Chat GPT developers become overnight millionaires after cashing in shares