BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Enterprise Explores  >  Sam Altman Vs Open AI: Lessons For Founders, Investors, and Boards.

Sam Altman Vs Open AI: Lessons For Founders, Investors, and Boards.

Kevin Brockland, Founder & Managing Partner, Indelible Ventures

21-Nov-23 12:00

Sam Altman Vs Open AI: Lessons For Founders, Investors, and Boards.

In a shocking turn of events that rocked the tech world, last Friday, the 17th of November, the board of directors of OpenAI fired then CEO, and Open AI Founder, Sam Altman.

This reportedly followed a deliberative review process by the board, which concluded that he was not consistently candid in his communications with them, hindering the board’s ability to exercise its responsibilities. Which is the official reason they said that they no longer had confidence in Sam Altman’s ability to continue leading OpenAI.

Adding to the drama, it seems that Sam Altman and his team have found a new home over at Microsoft, which owns 49% of Open AI, but has no direct influence over its board of directors.

Following up on The Morning Run’s coverage of this with Dan Ives from Wedbush Securities, which you can find here, here on Enterprise Biz Bytes, we explore the typical dynamics at play between founders and board, what good communication between them should look like, and what founders should know about the role and powers of boards. We also get into the value of a board seat during fund raising talks.

Helping us with this was Kevin Brockland, Founder & Managing Partner at Indelible Ventures

Produced by: Kishan Sivaswamy, Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  technologyeconomymanagingCorporates

Tags:  Chat GPTmicrosoftOpen aisam altmanboard membersfounders





Play / Pause

Listen now : Cruise Control: Your First Car Doesn't Have to be Shiny, New, and...

Today’s Shows



6:00 AM

The 6AM Stretch

7:00 AM

World Market Watch

Jack Kouzi, Director for Strategy, VFS Group

7:15 AM

Morning Brief

7:30 AM

Morning Brief

Gary Ng, APAC Economist, Natixis

7:45 AM

Top Story

Indrani Thuraisingham, Vice President of Federation of Malaysian Consumers Associations (FOMCA)

8:00 AM

The Breakfast Grille

Lawrence Tiong Lee Chian, Managing Director, Farm Price

8:30 AM

Morning Brief

Alissa Rode, Senior Manager, Research, Institute for Democracy and Economic Affairs (IDEAS)

8:45 AM

Morning Brief

9:00 AM

Opening Bell

[REPLAY] Jack Kouzi, Director for Strategy, VFS Group

9:15 AM

Opening Bell

Daniel Wong, Analyst at Hong Leong Investment Bank

9:35 AM

The Property Show

Chan Ai Cheng, Immediate Past-President, Malaysian Institute of Estate Agents

10:05 AM

Open For Business

Madiha Fuad, Founder and CEO, PlusVibes

11:00 AM

The Workplace

TBC

12:00 PM

Enterprise Explores

Alan See, Co-Founder and CEO, FIRMUS

1:00 PM

The Breakfast Grille Repeat

Dr. Lawrence Tiong Lee Chian, Managing Director, Farm Price

2:05 PM

Discovery Hour

By The Book: Children’s Book Club - Harry Potter and The Philosopher’s Stone; Lana Sofia Pointon

3:05 PM

Earth Matters

Kita Semua Anak Rimba; Abyan Junus-Nishizawa and Farah Landemaine, Co-founders, Anak Rimba Books

4:05 PM

Health & Living

Secrets Cost Lives: How Transparency Can Improve Access to Medicines; Roz Scourse, Policy Advisor, MSF Access Campaign

5:00 PM

Top 5 at 5

6:00 PM

Good Things

We Are All Different Learners - The Story of The Inclusive Outdoor Classroom; Anne Sivanathan, Founder, The Inclusive Outdoor Classroom (IOC)

7:00 PM

Made In Malaysia

Savouring Sarawak’s Indigenous Cuisine; Karen Yap, Chef Host of Ethnic Sarawak Night

8:00 PM

Cruise Control

Your First Car Doesn't Have to be Shiny, New, and Expensive; Daniel Fernandez, Managing Editor, dsf.my

10:00 PM

The Pulse

By The Way | Pulse Picks