On paper, Sam Altman would have made everyone on the board billionaires. For them to vote him out in this manner indicates that he must have done something egregious to jeopardize that.
Lying on P&L, stock sale agreements, or turning down an acquisition offer under difficult circumstances seems likely.
The thread seems to be got picked up only last month given the timestamps of majority of comments and reposts were made. If the board decided to make an investigation, it'd be the timing to fire Altman.
Elon was very upset that somehow a non-profit that he donated $100 million to suddenly turned into a for profit. I would not be surprised if there was something not totally candid with regards to how that went down.
In fact, I believe Altman was the only member of the board that held equity in OpenAI. There was some vague reference to a “previous VC arrangement” in the FAQ.
> Even OpenAI’s CEO, Sam Altman, does not hold equity directly. His only interest is indirectly through a Y Combinator investment fund that made a small investment in OpenAI before he was full-time.
Please do not spout hyperbole on HN, and avoid spreading disinformation and engaging in uneducated speculation. You can visit Reddit if that is your style of participation.
While i agree, I'm curious why you choose this comment specifically to call out. This is the fastest growing hn thread I've ever seen with over 300 comments and 1000 votes in the first hour. Almost every comment is debating some pure speculation or another. The content of the link, the context of the company and individual, and absolute lack of clarifying details while presenting very strong indications that such exists make it so that there's basically no way anyone can do anything other than speculate. No one knows anything, everyone here is guessing
Lying on P&L, stock sale agreements, or turning down an acquisition offer under difficult circumstances seems likely.