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Ex-OpenAI board member reveals what led to Sam Altman's brief ousting

businessinsider.com

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Re: Ex-OpenAI board member reveals what led to Sam Altman's brief ousting

#2
I don't think there's anything new here: https://www.businessinsider.com/who-is-running-openais-start...

FTA:

> "Sam didn't inform the board that he owned the OpenAI startup fund, even though he constantly was claiming to be an independent board member with no financial interest in the company," she said.

Previously:

> "Jacob Vespers does not exist to our knowledge," Madhav Dutt, a spokesperson for OpenAI, said. When asked how this individual came to be listed as in control of the company's Startup Fund, Dutt said that the documents filed with the California Secretary of State were faked.

> "The document itself is not legitimate," Dutt told Business Insider. "It's completely fabricated." Dutt declined to elaborate on how exactly fabricated documents came to be filed with the state of California, he would only say repeatedly that the documents were "illegitimate."

Re: Ex-OpenAI board member reveals what led to Sam Altman's brief ousting

#3
post #2

I don't think there's anything new here: https://www.businessinsider.com/who-is-running-openais-start... FTA: > "Sam didn't inform the board that he owned the OpenAI startup fund, even though he constantly was claiming to be an independent board member with no financial interest in the company," she said. Previously: > "Jacob Vespers does not exist to our knowledge," Madhav Dutt, a spokesperson for OpenAI, said. When…

https://archive.is/qAklm

Re: Ex-OpenAI board member reveals what led to Sam Altman's brief ousting

#6
is it just me or is it hard to trust Business Insider at this point...? It seems to show its true colors over and over again as a crappy outlet just trying to survive on clicks in a post-Internet world that has made it pretty unprofitable to do actual deep journalism.

Re: Ex-OpenAI board member reveals what led to Sam Altman's brief ousting

#7
post #2

I don't think there's anything new here: https://www.businessinsider.com/who-is-running-openais-start... FTA: > "Sam didn't inform the board that he owned the OpenAI startup fund, even though he constantly was claiming to be an independent board member with no financial interest in the company," she said. Previously: > "Jacob Vespers does not exist to our knowledge," Madhav Dutt, a spokesperson for OpenAI, said. When…

> * I don't think there's anything new here*

The information about lying to the board about it is new, AFAIK.

Re: Ex-OpenAI board member reveals what led to Sam Altman's brief ousting

#8
post #6

is it just me or is it hard to trust Business Insider at this point...? It seems to show its true colors over and over again as a crappy outlet just trying to survive on clicks in a post-Internet world that has made it pretty unprofitable to do actual deep journalism.

I mean this is just quoting an interview from a podcast so it's pretty easy to verify.

Re: Ex-OpenAI board member reveals what led to Sam Altman's brief ousting

#10
post #2

I don't think there's anything new here: https://www.businessinsider.com/who-is-running-openais-start... FTA: > "Sam didn't inform the board that he owned the OpenAI startup fund, even though he constantly was claiming to be an independent board member with no financial interest in the company," she said. Previously: > "Jacob Vespers does not exist to our knowledge," Madhav Dutt, a spokesperson for OpenAI, said. When…

Once again he was GP of the startup fund, not an LP. (At least not to my knowledge)

Unless there was some sort of carry or other compensation I’d say it’s pretty fair to describe that as not owned.

A bit like a trustee wouldn’t claim to own the trust fund. The beneficiaries do

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