[alpinisme]

“Controls”

That will be especially untrue after IPO when shareholders can claim there are fiduciary responsibilities that conflict with the non profit goals.

[JumpCrisscross]

> when shareholders can claim there are fiduciary responsibilities that conflict with the non profit goals

The for-profit has fiduciary responsibility to the non-profit as well as other shareholders. The IPO doesn't really change that.

[alextheparrot]

The for-profit is a PBC with the sane mission at the nonprofit [0]

[0] https://openai.com/index/built-to-benefit-everyone/

[super256]

The non profit is a big shareholder of the commercial subsidiary