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> Investors have no reason to worry about their investment in the tech What? They have a MASSIVE reason to worry: 3/4 board members are clearly not aligned wit
by cellar_door 3y ago
> Investors have no reason to worry about their investment in the tech
What? They have a MASSIVE reason to worry: 3/4 board members are clearly not aligned with the profit motive. And D'angelo has a massive conflict of interest with monetizing their models.
- righthand 3y agoHow are they not aligned? They didn’t oust Sam because of profit they ousted him for dishonesty.
- cellar_door 3y agoare you serious? they're board members of the non-profit... they don't have any shares in the for-profit subsidiary and thus no financial incentive for commercializing the IP meanwhile, all the employees are paid via a profit sharing scheme. 98% of them are backing Altman because they don't want to see their compensation nuked.
- righthand 3y agoHow does ousting Altman nuke compensation? If they keep working there and bring in a new CEO equivalent to Altman with less dishonesty then everyone still wins, except Altman.