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A comment on OpenAI staff threaten to quit unless board resigns. Parent comment

Re:OpenAI staff threaten to quit unless board resigns by anonymouse008 on Monday November 20, 2023 @10:04AM (#38349242)
So you're saying Microsoft doesn't have any type of change in control language with these credits? That's... hard to believe
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Re:OpenAI staff threaten to quit unless board resigns by JumpCrisscross on Monday November 20, 2023 @10:15AM (#38349355)
> you're saying Microsoft doesn't have any type of change in control language with these credits? That's... hard to believe

Almost certainly not. Remember, Microsoft wasn’t the sole investor. Reneging on those credits would be akin to a bank investing in a start-up, requiring they deposit the proceeds with them, and then freezing them out.

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Re:OpenAI staff threaten to quit unless board resigns by johndhi on Monday November 20, 2023 @12:53PM (#38351512)
Except that all of the investors are aligned with Microsoft in that they want sam to lead their investment
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Re:OpenAI staff threaten to quit unless board resigns by rvnx on Monday November 20, 2023 @01:17PM (#38351953)
The investors don't care who lead, they just want 10x, or 100x their bet.

If tomorrow it's Donald Trump or Sam Altman or anyone else, and it works out, the investors are going to be happy.

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