zlacker

>>davidb+(OP)
- Cant be a personal scandal, press release would be worded much more differently

- Board is mostly independent and those independent dont have equity

- They talk about not being candid - this is legalese for “lying”

The only major thing that could warrant something like this is Sam going behind the boards back to make a decision (or make progress on a decision) that is misaligned with the Charter. Thats the only fireable offense that warrants this language.

My bet: Sam initiated some commercial agreement (like a sale) to an entity that would have violated the “open” nature of the company. Likely he pursued a sale to Microsoft without the board knowing.

>>baidif+aq
Doesn’t make any sense. He is ideologically driven - why would he risk a once in a lifetime opportunity for a mere sale?

Desperate times calls for desperate measures. This is a swift way for OpenAI to shield the business from something which is a PR disaster, probably something which would make Sam persona non grata in any business context.

>>podnam+js
He claims to be ideologically driven. OpenAI's actions as a company up til now point otherwise

>>dogcom+ct
How so? Seems they’re doing a pretty good job of making their stuff accessible while still being profitable.

>>Aeolun+Vw
Profit? It's a 501(c).

>>golemo+iD
As someone who is the Treasurer/Secretary of a 501(c)(3) non-profit I can tell you that is it always possible for a non-profit to bring in more revenue than it costs to run the non-profit. You can also pay salaries to people out of your revenue. The IRS has a bunch of educational material for non-profits[1], and a really good guide to maintaining your exemption [2].

[1] https://www.irs.gov/charities-non-profits/publications-for-e...

[2] https://www.irs.gov/pub/irs-pdf/p4221pc.pdf

>>ChuckM+CK
Yes. Kaiser Permanente is a good example to illustrate your point. Just Google “Kaiser Permanente 501c executive salaries white paper”.