MiniMax Founder: No Longer Taking Salary, Personally Allocates 5% Company Equity for Team Incentives and Open Source Support

BlockBeats News, July 10th - MiniMax founder and CEO Yan Junjie released an internal all-hands letter in response to the recent market fluctuations, emphasizing that the company's long-term direction remains unchanged. Yan Junjie announced in the letter that starting from today until the day the company achieves AGI, he will no longer receive any salary from the company. Over the next four years, he will allocate 4% of his personal holdings, equivalent to 4% of the company's total shares, to incentivize team members who work alongside the company for the long term and jointly create value. He will also set aside 1% of the shares to establish a special fund to continue supporting the development of relevant open-source communities. (Jin10)