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Re:OpenAI announces leadership transition by dclowd9901 on Saturday November 18, 2023 @12:04AM (#38315514)
“ A public benefit corporation cannot distribute profits, gains, or dividends to any person.”

I don’t know a thing about corporate structuring so forgive my ignorance here, but even if they are “non-profit”, can’t they still take very high pay? Can’t they still produce and sell products? They just can’t sell shares or dividend out profits, right?

Re:OpenAI announces leadership transition by SkyPuncher on Saturday November 18, 2023 @10:56AM (#38320886)
Correct. They can even distribute bonuses.