zlacker

>>modele+(OP)
Has there been a successful suit against a company for "abandoning their founding mission"?

Does anyone think that this suit will succeed?

Another article: https://www.theguardian.com/technology/2024/mar/01/elon-musk...

>>bloope+Qo
But in this case, it wasn’t a company, but a nonprofit.

>>jimbok+NV
Nonprofit is a tax status, not a corporate structure.

>>static+0h1
It is in this case. After Musk invested in them, they’ve incorporated separate for-profit companies to essentially profit from the IP of the non profit.

>>codexb+Wr1
No it’s not. It’s just a corporation with one kind of tax status owning another corporation with a different tax status.

>>static+Rt1
Congratulations, you’ve just described a corporate structure.

It honestly doesn’t matter what the tax statuses of either of the corporations are. If Musk had invested in OpenAI with the goal of making tons of money off their IP (as opposed to wanting to open source it) and then the board decided to just hand over all the IP to another corporation essentially for free, Musk would be just as validated in suing.