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dude250711
Adding more layers to circular investments.
bigbuppo
Hey, it's the thing I said was going to happen. Thank's for taking my suggestion, Sam.
moogly
Sounds like they have an oversupply of these tokens.
KHRZ
If that's in API price, they may be better of with the subscription.
cyanydeez
so weve officially reached the gambling sddiction portion of the LLM show. good luck FOMO
phendrenad2
Maybe they can borrow a few OpenAI engineers too?
shimman
What a great way to boost usage before an IPO. Definitely not scammy behavior!
bravetraveler
The first taste is free, with a certain perspective on equity
red-iron-pine
the tokens are real electricity and capacity.

in ~3 years that equity may be worthless.

seattle_spring
> i am excited to see what will happen with tokenmaxxing startups, both for how they work internally and the products they can build.

Am I the only one who gets a physical, visceral churning in their gut when they read/hear someone unironically using the term "tokenmaxxing"?

This is the absolute worst timeline, and I'm embarrassed to even be in an industry adjacent to these dorks.

dpoloncsak
This is not in defense of tokenmaxxing, I just want to remind that CompSci has already been full of ridiculous names that we all just got used to.

Bogo sort, Canary, and Rubber-Ducking come to mind

Even BASH comes from 'Borne Again SHell', since they re-did what Stephen Bourne made, and it sounds like 'Born Again'

seattle_spring
> Bogo sort, Canary, and Rubber-Ducking come to mind

None of those come from such a deep hell as the "looksmaxxing" community.

1123581321
This sounds like how you get (or at least used to get) free AWS and Azure credits in your first x years as a startup or until you met revenue thresholds. You wouldn't get as many, but, you didn't have to give up a share of your company, to my knowledge.

Were there actually larger credit grants that would've been in exchange for equity, or, is OpenAI doing something novel?

mawadev
Very odd shadow economy that is in the making here.
dTal
Reminder that "$2 million worth of OpenAI tokens" is meaningless and codes for "as much access to OpenAI infrastructure as Sam Altman feels like letting you have".
blitzar
Is the "mic drop" in the headline refering to how bad a deal this is for any startup that takes it?
xg15
Is the term "tokenmaxxing" now really used unironically and as a desirable thing?
Rp8yXmdmr
> $2M in OpenAI tokens

How about real money or even Apple Gift cards?