zlacker

>>staran+(OP)
If OpenAI remains a 501(c)(3) charity, then any employee of Microsoft on the board will have a fiduciary duty to advance the mission of the charity, rather than the business needs of Microsoft. There are obvious conflicts of interest here. I don't expect the IRS to be a fan of this arrangement.

>>garris+EJ
What if I told you...Bill Gates was/is on the board of the non-profit Bill and Melinda Gates Foundation?

Lol HN lawyering is hilarious.

>>pauldd+Jh1
Indeed, it is hilarious.

The Foundation has nothing to do with MS and can't possibly be considered a competitor, acquisition target, supplier, or any other entity where a decision for the Foundation might materially harm MS (or the reverse). There's no potential conflict of interest between the missions of the two.

Did you think OP meant there was some inherent conflict of interest with charities?