I think preparing for AI money is generally smart given Anthropic & OpenAI Foundation, though I don’t expect Ineffable specifically to have liquidity for at least a couple years.
It’s possible that there are some clever schemes that could allow David or others to start donating sooner (eg some liquidity at a raise, or borrowing against value of stock), but historically it’s not until IPO (and sometimes much later) before founders donate significant amounts.
I think preparing for AI money is generally smart given Anthropic & OpenAI Foundation, though I don’t expect Ineffable specifically to have liquidity for at least a couple years.
It’s possible that there are some clever schemes that could allow David or others to start donating sooner (eg some liquidity at a raise, or borrowing against value of stock), but historically it’s not until IPO (and sometimes much later) before founders donate significant amounts.
Absolutely, and it may well go to zero, or substantially below the current valuation.
I’m not super up to date—who else from other labs have already pledged to give away lots (~$1B) of money? I know Dario is a GWWC pledger.