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Sam Altman is considering turning OpenAI into a regular company: Sam Altman, CEO of OpenAI, is thinking about changing OpenAI from a "capped-profit" structure to a regular, for-profit company. OpenAI currently operates with a for-profit branch gover

Paul Graham, cofounder of Y Combinator, clarified that Sam Altman was not fired from his role as president of Y Combinator in 2019. Altman chose to leave to fully commit to his position as CEO of OpenAI after OpenAI announced a shift to a "capped-pro

Last time we discussed dilution in SHAs. Today, we tackle the Board of Directors (BOD)! The BOD: This group oversees your startup's big picture strategy. The SHA defines how many board members there are and how they're chosen. Why it matters: Havin

Hello Guys, Do you think that Google is lagging in the AI race in competition with OpenAI because Gemini Model gives wrong responses of Actual Prompts? Another thing is that Board members are asking to Sundar Pichai Stepping down from CEO Position?

In November 2023, OpenAI fired its CEO Sam Altman out of nowhere. No warning. No leaks. Just gone. 4 days later? He was back. Microsoft stepped in. Employees revolted. It was the craziest 96 hours in Silicon Valley history. On November 17, OpenAI’s

We are currently searching for a Chief Marketing Officer (CMO) and a Chief Financial Officer (CFO) to join our team as co-founders and board members. As a startup, we are in the early stages of development and are looking for individuals who are will

A Term Sheet for company Pre-Seed/Seed/A/B defines: 1) Company 2) Founders 3) Investors 4) Structure of financing 5) Liquidation preference 6) Anti-Dilution 7) Advisory board 8) Material Decisions 9) Pro-rata Right 10) Right to First Refusal 11) Dra

Starting a startup in India involves several legal considerations. Here's a detailed point-wise list of the general legal processes : 1. Choose a Business Structure : Decide on the legal structure of your startup, such as Sole Proprietorship, Partne

Zuckerberg just have15% Stake in meta, But Controls 100% - Here’s How 🤔 Yes, it’s true. Mark Zuckerberg holds less than 15% shares in Meta, but has full control over the company. How is that possible? 🧠 Because Meta has a dual share system: -

ZOMATO TO CHANGE IT'S NAME ! 📢 Board members have approved to change the name from 'Zomato Ltd' to 'Eternal Ltd' They approved this change in the Memorandum of Association and Articles of Association of the company, highlited in a exchange filing