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 : Pick of the Pops (REPEAT) Ep543

Today’s Shows



10:00 AM

Pick of the Pops (REPEAT) Ep543

12:00 PM

Bar None (REPEAT)

Wendy Closes The Chapter; Wendy Ng Yan Yee

1:00 PM

Ringgit & Sense (REPEAT)

Home Renovations No Small Change; Kenneth Tan, First Time Home Buyer

1:30 PM

The Property Show (REPEAT)

Home Renovations : Doing It By The Book; Edric Choo, Council Member, Pertubuhan Arkitek Malaysia

2:00 PM

Cruise Control (REPEAT)

408 GT, The Lambo Lookalike Peugeot; Daniel Fernandez, Managing Editor, dsf.my

3:00 PM

The Workplace (REPEAT)

39% of Malaysians Might Quit - If They Have to Spend More Time in the Office; Sruthi Nambiar, Director of Sales & Marketing, Randstad Malaysia

4:00 PM

The Bigger Picture (REPEAT)

Dream Tryst, Caeleb Tee, Composer, Conductor, and Founder, 12Tone Ensemble

4:15 PM

The Bigger Picture (REPEAT)

Cinderella!, Joanna Bessey, Director | Amsalan Doraisingam, cast member

4:40 PM

The Bigger Picture (REPEAT)

Celestial Serenade; Dylan Lee, Cello Soloist

5:00 PM

TED Radio Hour

6:00 PM

Earth Matters (REPEAT)

What A Waste (Problem We Have!); Ashley Leong, Environmental Journalist, Macaranga | Wong Siew Lyn, Editor and Co-founder, Macaranga | Geetha P Kumaran, Environmental & Waste Management Consultant

7:00 PM

Back To Back (REPEAT)

Ep106: Steve Albini

9:00 PM

The Selector