OpenAI Plans Share Sale Following Leadership Turmoil
Briefly

"Clearly this almost destroyed a lot of value in the short term, it's hard to say what happens next," said venture capitalist Vinod Khosla, one of OpenAI's early backers. "Valuation is a function of investor perceptions. The company is the same or better off than it was last Thursday."
"It hurt their valuation - we all know that. It's just a mess," Anat Alon-Beck, associate professor in corporate law and governance, told the FT. "I don't think their valuation is going to go up without them now taking the proper measures."
"But none of that should be surprising given its stated mission: the nonprofit's principal beneficiary is humanity, not OpenAI investors or customers," Webster wrote. "It's not clear from reading the board manifesto what 'humanity' as the principal beneficiary means, nor how the board would weigh lost jobs from AI against lives saved from medical advances, for example."
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