this post was submitted on 17 Nov 2023
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submitted 2 years ago* (last edited 2 months ago) by [email protected] to c/[email protected]
 

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[โ€“] [email protected] 16 points 2 years ago (1 children)

Nah, competent boards want a CEO that will inspire investor confidence and pull in good numbers. Something Altman was doing in an above-and-beyond fashion.

I'm sure there was something going on behind the scenes and he pissed off some important bumblefuck.

[โ€“] [email protected] 4 points 2 years ago

It's the non-profit board, none of whom have equity and at the end of their announcement reiterated the importance of their original non-profit founding charter despite the spinning off of the for profit entity owned by the non-profit.