TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

OpenAI investors considering suing the board after CEO's firing

7 pointsby my12parsecsover 1 year ago

3 comments

poweraover 1 year ago
The first sentence: &quot;Some investors in OpenAI, makers of ChatGPT, are exploring legal recourse against the company&#x27;s board, sources familiar with the matter told Reuters on Monday, after the directors ousted CEO Sam Altman and sparked a potential mass exodus of employees.&quot;<p>It sure sounds like &quot;Microsoft has a legal department&quot;, translated through three layers of PR-speak into a headline with no basis in fact whatsoever.
minimaxirover 1 year ago
It would be unusual if they <i>weren&#x27;t</i> considering suing the board.
woeiruaover 1 year ago
No matter the outcome, one thing that is for certain is that this governance scheme is dead in VC circles.