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> a) that the board is aware So, if a CEO was talking to investors about a new venture (or a set of new ventures) in a closely related field, perhaps even shar
by zoogeny 3y ago
> a) that the board is aware
So, if a CEO was talking to investors about a new venture (or a set of new ventures) in a closely related field, perhaps even sharing some details about the existing company with those potential investors, would it be fair to say that said CEO was not being entirely candid with the board?
Those are some big "if" statements. I think we would have to see what information was disclosed by Altman to the board with respect to these discussions before making judgements. The precise details of such disclosures may be a matter of legal interpretation.
Or, more likely, all of this will get settled behind closed doors and we will never really know.