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Open original source ↗If the market clearing price for an accurate M&A or IPO model is $150/hr, why do we pay 3-6% of the deal value?
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BREAKING: OpenAI has quietly hired over 100 former Wall Street bankers, including alumni from Goldman Sachs, JPMorgan, and Morgan Stanley, to help train its AI on building financial models Codenamed “Project Mercury,” the effort pays contractors $150 an hour to write prompts and create Excel-based models for IPOs, restructurings, and M&A deals
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