“Based on today’s news, I quit.”

OpenAI co-founder Greg Brockman is leaving, too::OpenAI co-founder Greg Brockman announced that he’s quitting just hours after CEO Sam Altman was fired. OpenAI chief technology officer Mira Murati is taking over as interim CEO.

  • FrostyTheDoo@lemmy.worldEnglish
    21·
    1 year ago

    Apple is now the most valuable company on earth, so I think you’re not making the point you think you’re making. Publicly traded companies act only based on what increases the value of their shares the most. If the current CEO isn’t seen as the most profitable CEO for the shareholders, they will eventually be replaced, even if they founded the company. That is a risk you knowingly take when taking your company public. Most founders choose the money that comes with an IPO, knowing they’ll eventually get the boot.

      • FrostyTheDoo@lemmy.worldEnglish
        11·
        1 year ago

        Steve Jobs is the exception. I’m just trying to answer the original question about why this happens so often. I’m not trying to argue about the best way to run a company. But if you’re equating every founder with Steve Jobs then we’re having a completely different conversation.