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OpenAI investors considering suing the board after CEO's firing
- minimaxir 3y agoIt would be unusual if they weren't considering suing the board.
- woeirua 3y agoNo matter the outcome, one thing that is for certain is that this governance scheme is dead in VC circles.
- powera 3y agoThe first sentence: "Some investors in OpenAI, makers of ChatGPT, are exploring legal recourse against the company's board, sources familiar with the matter told Reuters on Monday, after the directors ousted CEO Sam Altman and sparked a potential mass exodus of employees." It sure sounds like "Microsoft has a legal department", translated through three layers of PR-speak into a headline with no basis in fact whatsoever.