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#boardofdirectors — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #boardofdirectors, aggregated by home.social.

  1. Large Pension Funds and Giant Financial Services providers seem to have cold feet re the pending SpaceX IPO....

    Concerns re a lack of independence of the companies' board, adequacy of its board of directors, accounting anomalies, Musk’s involvement in politics, and business plans potentially relying on “nonexistent or speculative technologies,” all lead to a position that the era of the "blank check" for Musk must end. wired.com/story/activists-call #Space #SpaceX #Musk #IPO #Pensions #PensionFunds #FinancialServices #IndexFunds #Accountability #BoardofDirectors #Governance #Investing

  2. The board felt it at least had many small data points saying it could not trust Altman, in combination with Altman's known power-seeking moves elsewhere (e.g. what happened at Reddit), and also that Altman was taking many actions that the board might reasonably see as in direct conflict with the mission.

    #ZviMowshowitz #OpenAI #SamAltman #BoardOfDirectors
    thezvi.substack.com/p/openai-t