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A comment on Sam Altman is still trying to return as OpenAI CEO. Parent comment

Re:Sam Altman is still trying to return as OpenAI CEO by Rapzid on Monday November 20, 2023 @04:15PM (#38354907)
Or what, they will quit and give up all their equity in a company valued at 86bn dollars?

Is Microsoft even on record as willing to poach the entire OpenAI team? Can they?! What is even happening.

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Re:Sam Altman is still trying to return as OpenAI CEO by sillysaurusx on Monday November 20, 2023 @04:19PM (#38354964)
Yes, and yes. Equity is worthless if a company implodes. Non competes are not enforceable in California.
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Re:Sam Altman is still trying to return as OpenAI CEO by brianjking on Monday November 20, 2023 @04:17PM (#38354938)
They don't have that valuation now. Secondly, yes, MSFT is on record of this. Third, Benioff (Salesforce) has said he'll match any salary and to submit resumes directly to his [email protected] email as well as other labs like Cohere trying to poach leading minds too.
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Re:Sam Altman is still trying to return as OpenAI CEO by x86x87 on Monday November 20, 2023 @07:54PM (#38357273)
Benioff and all these corporate fat cats should remove non-competes from their employment contracts if they want me to ever take them seriously.
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Re:Sam Altman is still trying to return as OpenAI CEO by mr_toad on Monday November 20, 2023 @07:19PM (#38357000)
Sounds like quite a coup for Microsoft. They get the staff and the IP and they don’t even have to pay out the other 51% of investors.
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Re:Sam Altman is still trying to return as OpenAI CEO by bagels on Monday November 20, 2023 @04:17PM (#38354937)
Google, Microsoft, Meta I have to assume would each hire them.
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Re:Sam Altman is still trying to return as OpenAI CEO by SV_BubbleTime on Monday November 20, 2023 @04:19PM (#38354962)
Come on, I absolutely agree with you, signing a paper is toothless.

On the other hand, having 90% of your employees quite quit, is probably bad business.

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