OpenAI Cap Table Leak Reveals Microsoft's 18x Return, SoftBank's $50B Gain, and a CEO Who Owns Nothing

Forbes / Hacker News·low signal

Forbes obtained leaked OpenAI cap table data showing Microsoft's investment has yielded an 18x return, SoftBank stands to gain approximately $50 billion, and CEO Sam Altman owns zero equity in the company he leads. The 30-point HN thread surfaces during OpenAI's ongoing restructuring from nonprofit to for-profit, adding concrete financial data to the governance debate. The zero-equity CEO detail is particularly notable given Altman's push to restructure OpenAI's corporate form — he has no direct financial incentive from the current cap table structure.