The OpenAI Boardroom Coup: 'I Love You All, and I'm Going to Destroy the Company'
Summary
In November 2023, OpenAI's nonprofit board abruptly fired CEO Sam Altman, sparking a chaotic five-day crisis that nearly destroyed the company. Following the dismissal, Microsoft quickly offered to hire Altman and Greg Brockman, while 747 of OpenAI's 770 employees signed a revolt letter threatening to quit unless the board resigned and reinstated Altman. Faced with a near-total staff exodus and mounting pressure, the board capitulated, leading to Altman's return as CEO, the replacement of key board members, and a reorganized leadership structure aimed at stabilizing the company.
(Source:Realdealarchives Substack)