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by lmeyerov
856 days ago
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Until the founder gets tired, replacement CEO gets hired, and with VC board encouragement, sells to PE or BigCo who switches the defaults 18mo later. Users get the choice of dead, CVE-riddled software or following the company's structure. Conversely, with a less misaligned board & company structure, a friendly hire (e.g., internal) can take over and the board stays aligned. Ex: Mozilla. Protecting this is super hard... OpenAI has been quite a lesson in how fast things can change even with supposed governance structures: 100% reversal to closed code/weights/algorithms/data, $-first, & pro-military |
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