4 ms·
> the company is basically just an assemblage of <people> and <capital>. They can replace the CEO if they want, but all the value of the company can walk away i
by habitue 2y ago
> the company is basically just an assemblage of <people> and <capital>. They can replace the CEO if they want, but all the value of the company can walk away if they don't like it.
This is generally true of any company
- underdeserver 2y agoNot really. There are long term contracts, IP, infrastructure and product moats. OpenAI has virtually none of that.
- jdminhbg 2y agoOpenAI is substantially different from other companies in that the capital part is almost totally ephemeral (the Azure credits). Amazon employees can’t just walk across the street and start a new company because they’d be leaving all the warehouses and trucks behind.
- red-iron-pine 2y agoto put a yet finer point on it, Microsoft owns the infrastructure, and can afford to throw vast sums of money at the researchers to get them hired, if needed, assuming the GOOG or other big players don't get at them first.
- jokethrowaway 2y agoNo way, plenty of companies running simpler software can survive almost everyone leaving
- RestlessMind 2y agoNot really. For example, Google Search's value is mainly in the historical data it has amassed; its algorithms and infrastructure can be replicated elsewhere. Or, WhatsApp's value is in the network effects; a chat app infra and people can be replaced.