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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?

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

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

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

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

Meet woman, started Rs 70000000000 business, fired from her own firm, Bose was suspended as CEO Zillingo after she was hit with allegations of financial misrepresentation and mismanagement at the company. As per reports, she increased her salary 10 t

MCA Cracks the Whip: Non-Appointment of Woman Director Now Under the Scanner A fresh notice from the Ministry of Corporate Affairs (MCA) has put companies on alert penalizing those who failed to appoint a Woman Director under Section 149(1) of the