OpenAI has guaranteed its private equity backers a 17.5% annual return over five years, as per Yahoo Finance. That guarantee gives PE firms a floor on their returns while giving OpenAI a captive distribution network: the portfolio companies of its backers, spanning healthcare, manufacturing, financial services, retail, and logistics.
This harkens back to the days when subcontractors took a cut of "cost savings." That engineered layers of redefinitions for profit maximizing purposes.
The PEU boys know how to keep the most basic investor information confidential and are skilled at inventing their own accounting terms. Does anyone remember PEU foisted "economic net income"?
TechGods, also known as widespread intellectual property thieves, are free to come up with whatever number they wish in their artificial world that attempts to reflect actual reality.
Investors should not that this firm is valued at $10 billion right off. Another mark of the TechGod/PEU tie up. TechGods create and destroy and PEUs have a magic mark pen, similar to a Harry Potter wand.
"Ten Billionooosssooo!" Whhhhooooossh. It is done.
Politicians will need to celebrate the tie up of their greatest sponsors. It's not clear who's court they need to visit to express their gratitude. Maybe they can do so at the next World Economic Forum, Milken Global Conference or Bilderberg Group meeting.
For decades politicians Red & Blue have loved PEU and more recently added their TechGod/CryptoBro brethren. Increasingly, more are one. It's all part of the adoption race.
