BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Enterprise Explores  >  Sam Altman Vs Open AI: Lessons For Founders, Investors, and Boards.

Sam Altman Vs Open AI: Lessons For Founders, Investors, and Boards.

Kevin Brockland, Founder & Managing Partner, Indelible Ventures

21-Nov-23 12:00

Sam Altman Vs Open AI: Lessons For Founders, Investors, and Boards.

In a shocking turn of events that rocked the tech world, last Friday, the 17th of November, the board of directors of OpenAI fired then CEO, and Open AI Founder, Sam Altman.

This reportedly followed a deliberative review process by the board, which concluded that he was not consistently candid in his communications with them, hindering the board’s ability to exercise its responsibilities. Which is the official reason they said that they no longer had confidence in Sam Altman’s ability to continue leading OpenAI.

Adding to the drama, it seems that Sam Altman and his team have found a new home over at Microsoft, which owns 49% of Open AI, but has no direct influence over its board of directors.

Following up on The Morning Run’s coverage of this with Dan Ives from Wedbush Securities, which you can find here, here on Enterprise Biz Bytes, we explore the typical dynamics at play between founders and board, what good communication between them should look like, and what founders should know about the role and powers of boards. We also get into the value of a board seat during fund raising talks.

Helping us with this was Kevin Brockland, Founder & Managing Partner at Indelible Ventures

Produced by: Kishan Sivaswamy, Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  technologyeconomymanagingCorporates

Tags:  Chat GPTmicrosoftOpen aisam altmanboard membersfounders





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



6:00 AM

The 6AM Stretch

7:00 AM

World Market Watch

7:15 AM

Morning Brief

7:30 AM

Morning Brief

7:45 AM

Top Story

8:00 AM

The Breakfast Grille

8:30 AM

Morning Brief

8:45 AM

Morning Brief

9:00 AM

Opening Bell

9:15 AM

Opening Bell

9:35 AM

What's the Focus

10:05 AM

Open For Business

Arthur Woo, Founder and CEO ATAG

11:00 AM

Mattsplained

Matt Armitage, Founder, Kulturpop

12:00 PM

Enterprise Explores

Kapil Bonde, Senior Market Evangelist, Adjust

1:00 PM

The Breakfast Grille Repeat

Tan Eu Tah, Executive Director, Synergy House

2:05 PM

Discovery Hour

Happily Ever After? #5: Animated Fairy Tales [REPEAT]; John Canemaker, Animator and Animation Historian

3:05 PM

Front Row

3:20 PM

Front Row

4:05 PM

Health & Living

Exercise and Cancer; Dr Nur Fadhlina Abdul Satar, Consultant Clinical Oncologist | Assoc Prof Dr Mohd Nahar Azmi Mohamed, Sports Medicine Physician | Breast Cancer Survivor

5:00 PM

Top 5 at 5

6:00 PM

Inside Story

7:00 PM

BBC Programming

7:30 PM

Just For Kicks

9:00 PM

A Bit of Culture