Jaden Schaefer

And to be fair, I think he did do a bunch of work at the beginning and he got on a bunch of the early founders of OpenAI.

Like he went, you know, personally and headhunted and recruited them.

He also says that he gave about $38 million to the company, which was about 60% of their early seed funding.

So, you know, more than 50%, but there was other people involved in this as well.

And then he also helped with, you know, all of the staff recruiting, advising on, you know, scaling the business.

He gave a lot of credibility to the project when it was really, you know, a new project back in 2015 and 2018.

So he's, you know, he's claiming damages.

And he's saying that these are all based on analysis by financial economist C. Paul Wazan, who essentially...

did some calculations on what Elon Musk is calling wrongful gains, which came from his contribution, his 60%, his $38 million that he put into the company.

So his filing is estimating that OpenAI got about $65.5 billion and $109 billion in value from what he did at the beginning.

Microsoft gained more than $13.3 billion and $25.1 billion, according to Paul Wazon's calculations.

So Elon Musk is arguing that similar to, you know, early stage startup investors, contributors can realize returns far exceeding their initial investment if the company later achieves significant value, you know, the growth and evaluation of their company becomes worth a lot more.

So OpenAI, of course, has disputed both the legal and the financial basis of everything that Elon Musk is saying.

OpenAI has described this as sort of unfounded and says that Elon Musk was aware of their plans to adopt a capped for-profit structure.

So that's interesting.

Microsoft also denied that they did anything wrong.

Their legal counsel said that there's no evidence the company improperly assisted OpenAI.

And then both of them have asked the court to just limit or exclude Wazan's testimony.

So this kind of economist that had that estimation, they both want Wazan's estimation thrown out, arguing that his valuation method is speculative and that it could mislead a jury.

So