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Vince Mcmahon literally owns WWE but the board fired him. Of course he voted in a new board at the next election but I dont think it's unheard of boards to vote
by HDThoreaun 2y ago
Vince Mcmahon literally owns WWE but the board fired him. Of course he voted in a new board at the next election but I dont think it's unheard of boards to vote against their founders. Sam is a founder of openAI even if he never controlled the board, and they tried to take control from him.
- mark212 2y agoBad analogy. Sam has no stock in OpenAI or any sort of formal controlling interest. His power is solely informal: his own talents and abilities and the loyalty of the other employees. Regardless of the truth of the matters, the episode is a perfect example of the limits of formal authority and how informal or "soft" power can be even more effective in shaping events
- strunz 2y agoDid you read the article which points out specifically that he is financially incentivized?
- mbonnet 2y agoOnly in the innovation fund thing, not the company at large (going solely off the article)
- HDThoreaun 2y agoThe point is that board coups are a concept that people are already familiar with, so its not surprising that they thought of it when this similar situation happened.