This is quite a take. Ownership equates to subsidies? So elon musk is the largest subsidized of space x and has absolutely 0 to gain from owning the stock? What is it that openai is gaining by giving away free stock? The only thing they are “gaining” is less control over their company and less ability to raise investment.
The gymnastic backflips I see happening in this thread are intense. A sovereign wealth fund DOES flip stocks back onto the market, that’s the whole point. Look at Norway’s ~$2 trillion sovereign wealth fund sells about 3% per year. (Similar for the Alaska permanent fund)
Assuming you mean HELOC how in the world is this anything like a HELOC? If a HELOC was the bank giving me free stocks I get to own forever and do whatever I want with I would he getting them every chance I get.
This is quite a take. Ownership equates to subsidies? So elon musk is the largest subsidized of space x and has absolutely 0 to gain from owning the stock? What is it that openai is gaining by giving away free stock? The only thing they are “gaining” is less control over their company and less ability to raise investment.
The gymnastic backflips I see happening in this thread are intense. A sovereign wealth fund DOES flip stocks back onto the market, that’s the whole point. Look at Norway’s ~$2 trillion sovereign wealth fund sells about 3% per year. (Similar for the Alaska permanent fund)
Assuming you mean HELOC how in the world is this anything like a HELOC? If a HELOC was the bank giving me free stocks I get to own forever and do whatever I want with I would he getting them every chance I get.