zlacker

>>medler+(OP)
This makes no sense. People are calling what the board did a coup, but Altman is trying (failing?) to stage a coup.

The board was Altmans boss - this is pretty much their only job. Altman knew this and most likely ignored any questions or concerns of theirs thinking he is the unfireable superstar

Imagine if your boss fired you - and your response was - I’ll come back if you quit! Yeah, no. People might confuse status with those of actual ceo shareholders like zuck, bezos, or musk. But Altman is just another employee

The shareholders can fire the board, but that’s not what he’s asking for. And so far we haven’t heard anything about them getting fired. So mostly this just seems like an egomaniac employee who thinks he is the company (while appropriating the work of some really really smart data scientists)

>>shmatt+by
I think this article represents a tactical press release from Sam’s camp. Company in “free fall” without Sam? It’s not even Monday yet.

>>comfys+7G
yeah. this whole thing looks staged. not saying it's not possible but what kind of board would actually fire the CEO and take it back to resign?

>>x86x87+qI
The board that has been threatened to be sued individually and collectively by some of the most well known names in IT. They're probably wondering how they can get out of this with their reputations and ego's in one piece. You may have the legal authority to do something but if you don't have the support (or worse: if you haven't checked that you have the support) then it's not exactly the best move.

>>jacque+dP
I like to believe they actually did their homework and thought this through. We also don't have the full story so it's hard to say.

>>x86x87+tP
They are a small board, and Microsoft has a very large number of lawyers.

I do not believe it is possible for them to have thought this through. I believe they'll have read the governing documents, and even had some good lawyers read them, but no governance structure is totally unambiguous.

Something I'm immensely curious about is whether they even considered that their opposition might look for ways to make them _criminally_ liable.