zlacker

Today’s lesson, keep multiple board seats

None of the tech giants would be where they are today if they didn't ram through unique versions of control

Their boards or shareholders would have ousted every FAANG CEO at less palatable parts of the journey

>>yieldc+(OP)
This is a surprising advantage Zuckerberg has in manoeuvring Meta. At least, to my knowledge, he is still effectively dictator.

>>yieldc+(OP)
This comment is tone-deaf to the unique (and effective? TBD) arrangement of the board OpenAI 501(c)3 without compensation and the company they regulate. Your comment strikes me as not appreciating the unusually civic-minded arrangement, at least superficially, that is enabling the current power play. Maybe read the boards letter more carefully and provide your reaction. You castigate them as “non-techies” - meaning… what?

>>cedws+m
Dear god, how is that an advantage? Are we all here just rooting for techno-dictator supremacy?

>>100ide+P
and the lesson the ousted ones learn for their next incarnation is to create organizations that allow for more control and more flexibility in board arrangements. I run a 501c3 as well, there are limitations in board composition in that entity type

nothing tone deaf about that, they wanted a for profit and are going to make one now and want leave the same vector open

Reread it as not being a comment about OpenAI it was about the lesson learned by every onlooker and the ousted execs

>>100ide+01
its objectively an advantage in control. if thats a goal, then its effective at doing that

the only one inserting bias and emotion into objectivity here is you

>>100ide+01
since most public companies are owned by multi billion dollar hedgefunds, they're not exactly pillars of democracy. and since privately owned businesses are a thing; its really not that big of a deal

>>100ide+P
Tone deaf yet holds up under scrutiny

>>yieldc+(OP)
Seemingly there is this consensus of board members around a senior executive. It just isn’t the CEO.