OpenAI's corporate governance saga continues... In this video, I discuss the recent news that they have abandoned their effort to reincorporate with a for-profit status and discuss context like...
- their history as a not-for-profit
- the role of threatened lawsuits from Elon Musk
- SoftBank's "IPO-or-die" rider
- why becoming a public benefit corporation helps
- why becoming a public benefit corporation doesn't help
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