OpenAI vs Series A/B offers: how much should equity liquidity sway the choice?

nian2326076 · reddit · 2026-10-19

A candidate weighs three offers: Series A (smart team, biggest upside), Series B (stronger team, less upside), and OpenAI — whose equity is valued using an anticipated November funding round that may not happen, making the valuation an assumption rather than a closed deal.

The candidate expects OpenAI to eventually IPO but worries about timing, lockups, and market conditions at sale time. On the startup side: can staying private wait out volatility, and would secondary sales even be available? The post asks what equity terms to clarify before signing.

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