Earlier quoted context omitted.
People keep speculating sensational, justifiable reasons to fire Altman. But if these were actual factors in their decision, why doesn't the board just say so? Until they say otherwise, I am going to take them at their word that it was because he a) hired two people to do the same project, and b) gave two board members different accounts of the same employee. It's not my job nor the internet's to try to think up bett…
>People keep speculating Your take isn't uncommon, only are missing the main point of your interpretation - that the board is fully incompetent if it was truly that petty of a reason to ruin the company. It's not even that it's not a justifiable reason, but they did it without getting legal advice or consulting with partners and didn't even wait for markets to close. Board destroyed billions in brand and talent value…
It's perfectly obvious that these weren't the actual reasons. However yes, they are still incompetent because they couldn't think of a better justification (amongst other reasons which led to this debacle).