it's still the case, but there are never 1,000 investors, there's a couple dozen VC firms, SPVs, and individuals
if you're smart.
I don't think this is an SEC problem, they are fully aware that people subject to their jurisdiction can jump through many hoops to circumvent them. This shows consent on the investor's part well enough, and capital formation regulations do not burden the investor at all, they are only constitutional because they burden the organization raising capital, who simply needs to do a cursory check - not an in-depth one. (level of depth is based on which regulatory exemption is chosen)
So as long as you separate concerns the SEC is satisfied.
If employees get stock options and decide to exercise on exit, they count against the 500 unaccredited investor limit that would trigger reporting requirements. So companies that issue stock options do have an outside risk that enough employees will exit, exercise their stock options, and trigger a reporting requirement.
tbh that 1000 investors limit sounds like it was trying to address a similar problem? i.e. if a company is big enough it is important to reel it in a bit or else shenanigans happen. And just like all rules, the people at the top can easily work around it.
no. this role is for running ads campaigns at scale (on google, meta, etc) to grow openai users. its at a large enough scale it's called "platform" but it would be internal use only.
> Your role will include projects such as developing campaign management tools, integrating with major ad platforms, building real-time attribution and reporting pipelines, and enabling experimentation frameworks to optimize our objectives.
that is actually surprising. surely they use location at some point in the ID process. its possible they have a secondary location based model to do sorting/ranking after the initial detection?
Merlin's bird detection system is almost non-functional without location.
you're right that in any funding round (private or public ipo) there is dilution. your ownership in % will go down.
however no company will be able to predict future dilution so this is not really something they can tell you with confidence.
the only thing you can do is gauge current state of the company (funding, readiness for ipo) and try to estimate future dilution but even this is non trivial for early stage companies.
Yeah, yeah, I know. And language evolves. Is the best way to address the lack of a gender-neutral singular pronoun in English really to lazily adopt a word which is ambiguous in the vernacular? Be creative - make a new word!
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