In 2015, Elon Musk gave ~$44M to help start OpenAI as a non-profit. No equity, just a donation. Fast forward to today, OpenAI is now a for-profit worth $300B to $500B. If that $44M had been treated as seed equity when OpenAI went for-profit, it could be worth $100B+ (even after dilution, maybe $10B to $50B). Actual value to Musk today: $0. From founding a non-profit to stop Big Tech… to $0 while it became Big Tech.