Re:OpenAI announces leadership transition
by waihtis on Saturday November 18, 2023 @07:04AM
(#38318562)
I believe altman had some ownership, however it is a general lesson of handing over substantial power to laymen who are completely detached from the actual ops & know-how of the company
The CEO just works for the organization and the board is their boss.
You’re referencing a founder situation where the CEO is also a founder who also has equity and thus the board also reports to them.
This isn’t that. Altman didn’t own anything, it’s not his company, it’s a non-profit. He just works there. He got fired.