Meta is struggling here for the same reason Microsoft couldn’t stop the talent bleed to Google back in the day.
Even if you’re giving massive cash and stock comp, OpenAI has a lot more upside potential than Meta.
Even if you’re giving massive cash and stock comp, OpenAI has a lot more upside potential than Meta.
They've long since lost that advantage.
Metas problem is that everyone knows that it’s a dumpster fire so you will only attract people who only care about comp which is typically not the main motivation for the best people.
If you decide you don’t like it, you take what’s vested after the cliff and leave. Even if you have to wait another year and a half to sell, you still got the gain.