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Well it depends on who's on the new board and what they believe. If Altman, Greg, and MSFT do not have direct representation on the new board there would still
by altpaddle 3y ago
Well it depends on who's on the new board and what they believe. If Altman, Greg, and MSFT do not have direct representation on the new board there would still be a check against his decisions
- liuliu 3y agoWhy? The only check is to fire the CEO. He is un-firable. May as well have a board of one, at least someone cannot point to the non-profit and claim "it is a non-profit and can fire me if I am diviated from the mission".
- sanxiyn 3y agoIRS requires a nonprofit to have a minimum of three board members for such reasons.