Multimillion-Dollar Restaurant CEO Scaled Back His Luxury Spending on Range Rovers and McLarens Amid Economic Uncertainty
Multimillion-dollar restaurant CEO used to splurge on Range Rovers and McLarens—but he’s reining it in now, because today’s economy makes no sense When the big paychecks roll in after building a successful business, it may be tempting to splurge on designer clothes, luxury mansions, and high-tech gadgets. When Derrick Hayes—an entrepreneur who grew up in […]
Sam Altman refutes claims of receiving equity in for-profit OpenAI
Sam Altman denies plan to give him equity in for-profit OpenAI OpenAI may be changing to a for-profit company, but according to CEO Sam Altman, that doesn’t mean he’s about to strike it rich. Altman told OpenAI employees in an all-hands meeting Thursday that there are no plans to give him a “giant equity stake” […]