Product Finance, ChatGPT New Bets at OpenAI

San Francisco, California, United States

OpenAI Logo
$210,000 – $265,000Compensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
YesVisa
SoftwareIndustries

Skills

Key technologies and capabilities for this role

Financial ModelingForecastingPricing StrategyUnit EconomicsRevenue ForecastingData AnalysisStrategic Decision MakingStorytellingProcess Improvement

Questions & Answers

Common questions about this position

What is the salary range for the Product Finance role?

The salary range is $210K - $265K.

Is this role remote or hybrid, and what's the location?

This is a hybrid role based in San Francisco, CA, requiring 3 days in the office per week, with relocation assistance offered to new employees.

What skills and experience are required for this position?

Candidates need 8-10+ years in investment banking, consulting, or buy-side investing with operational experience at a scaling company, expert modeling skills for product P&Ls and operating models, ability to distill complex data into insights, and excellent communication for compelling narratives.

What is the team structure and focus for Product Finance at OpenAI?

The Product Finance team, part of Strategic Finance, manages financial performance of products through revenue forecasting, pricing strategy, unit economics, and provides analytical support for highest-impact outcomes, partnering across the business.

What makes a strong candidate for this Product Finance role?

Strong candidates have 8-10+ years in investment banking, consulting, or buy-side with operational experience, expert financial modeling, ability to turn data into actionable insights and narratives, attention to detail, and enthusiasm for technology like OpenAI's models.

OpenAI

Develops safe and beneficial AI technologies

About OpenAI

OpenAI develops and deploys artificial intelligence technologies aimed at benefiting humanity. The company creates advanced AI models capable of performing various tasks, such as automating processes and enhancing creativity. OpenAI's products, like Sora, allow users to generate videos from text descriptions, showcasing the versatility of its AI applications. Unlike many competitors, OpenAI operates under a capped profit model, which limits the profits it can make and ensures that excess earnings are redistributed to maximize the social benefits of AI. This commitment to safety and ethical considerations is central to its mission of ensuring that artificial general intelligence (AGI) serves all of humanity.

San Francisco, CaliforniaHeadquarters
2015Year Founded
$18,433.2MTotal Funding
LATE_VCCompany Stage
AI & Machine LearningIndustries
1,001-5,000Employees

Benefits

Health insurance
Dental and vision insurance
Flexible spending account for healthcare and dependent care
Mental healthcare service
Fertility treatment coverage
401(k) with generous matching
20-week paid parental leave
Life insurance (complimentary)
AD&D insurance (complimentary)
Short-term/long-term disability insurance (complimentary)
Optional buy-up life insurance
Flexible work hours and unlimited paid time off (we encourage 4+ weeks per year)
Annual learning & development stipend
Regular team happy hours and outings
Daily catered lunch and dinner
Travel to domestic conferences

Risks

Elon Musk's legal battle may pose financial and reputational challenges for OpenAI.
Customizable ChatGPT personas could lead to privacy and ethical concerns.
Competitors like Anthropic raising capital may intensify market competition.

Differentiation

OpenAI's capped profit model prioritizes ethical AI development over unlimited profit.
OpenAI's AI models, like Sora, offer unique video creation from text descriptions.
OpenAI's focus on AGI aims to create AI systems smarter than humans.

Upsides

OpenAI's $6.6 billion funding boosts its AI research and computational capacity.
Customizable ChatGPT personas enhance user engagement and satisfaction.
OpenAI's 'Operator' AI agent could revolutionize workforce automation by 2025.

Land your dream remote job 3x faster with AI