This Week in Startups cover image

OpenAI Chaos Continues with Sunny Madra and David Sacks | E1852

This Week in Startups

NOTE

The Structure of OpenAI: Explained

The corporate org chart involves a non-profit foundation controlling an LLC. Investors have a profit arrangement with the LLC. Selling off the LLC would involve selling its assets or dissolving it and distributing cash to the membership interest. The OpenAI foundation would have cash left after winding down the LLC.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner