The Minutes

Brad Gerstner on

restructuring

2 entries, 10 Sep 2025 to 31 Oct 2025

On the recordsourced and dated, oldest first

    1. spoken

      Gerstner states Meta cut from 87,000 to 62,000 employees and reorganized around AI in February 2023.

      “They went from 87,000 employees to 62,000 employees in October of 'twenty two. They reorganized the company around AI starting in February of 'twenty three.”

      10 Sep 2025 · Khosla Ventures · 15:25 · source · permalink
    2. spoken

      Gerstner notes OpenAI's nonprofit is capitalized with $130 billion in stock, making it one of the world's largest.

      “The nonprofit is already capitalized with a $130,000,000,000, a $130,000,000,000 of OpenAI stock. It's one of the largest in the world out of the gates. It could end up being much, much larger.”

      31 Oct 2025 · BG2 Pod · 5:33 · source · permalink

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