zlacker

I love donating money to nonprofits and then exercising my rights as a shareholder to get my legal mandated influence over board seats. These board members must be sweating bullet given their fiduciary duty to these investors.

>>jrflow+(OP)
I don't think so. OpenAI was created as a non-profit, and I don't think they have any kind of fudiciary duty to create profit.

>>trasht+U9
It is a special thing, a for-profit 501c3. At tax time it is tax exempt but when a guy I like gets fired the investors can leverage their donationvestments to fire the board and push the chari-business into further profitability. It is a good setup and it makes sense why so many people are cheering things on today :)

>>jrflow+2c
MS investments are in for-profit company, not the parent.

>>blacko+vz
Exactly, that’s why the investors should get to fire the board of the charity

>>jrflow+rB
Which board? The board of the for-profit subsidiary or the non-profit parent?

>>trasht+l82
Yes