Was the Restructuring Necessary for Fundraising?

Podcast episode for OpenAI Moves To Complete Potentially The Largest Theft In Human History.

* 00:00 - Introduction

* 01:40 - OpenAI Calls It Completing Their Recapitalization

* 03:12 - How Much Was Stolen?

* 07:23 - The Nonprofit Still Has Lots of Equity After The Theft

* 11:06 - The Theft Was Unnecessary For Further Fundraising

* 12:10 - How Much Control Will The Nonprofit Retain?

* 24:22 - Will These Control Rights Survive And Do Anything?

* 27:26 - What About OpenAI’s Deal With Microsoft?

* 32:39 - What Will OpenAI’s Nonprofit Do Now?

* 38:21 - Is The Deal Done?

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https://open.substack.com/pub/thezvi/p/openai-moves-to-complete-potentially?r=67y1h&utm_campaign=post&utm_medium=web&showWelcomeOnShare=false