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Nov 22, 2023

Is Sam Altman Returning to OpenAI?

Discussions are underway for the possible reinstatement of ousted OpenAI CEO Sam Altman, involving key figures such as board members and CEO Emmett Shear.

Negotiations for CEO Reinstatement

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The negotiations include prominent figures like Adam D’Angelo and potential board member Bret Taylor, signaling a potential shift in the company's leadership.

Key Players in Talks

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Shareholders, including Thrive Capital, Khosla Ventures, Tiger Global Management, and support from Sequoia Capital, are pushing for Altman's return.

Shareholder Advocacy

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A memo from VP of Global Affairs Anna Makanju highlights intense discussions between the board, Altman, and Shear, addressing the demands of concerned employees.

Internal Company Memo

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The majority of OpenAI employees have threatened to quit if Altman is not reinstated, prompting efforts to resolve the leadership crisis before Thanksgiving.

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Employee Ultimatum

Altman's potential return could strengthen Microsoft's strategic positioning, especially if they secure a seat on the new board.

Microsoft's Strategic Interest

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OpenAI's board has faced scrutiny for the abrupt firing of Altman, with criticism centered on the lack of clear communication and information surrounding the decision.

Board Criticism

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CEO Emmett Shear may consider leaving if the board fails to provide a clear, written explanation for Altman's sudden dismissal.

CEO's Uncertain Future

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Altman is represented by Airbnb CEO Brian Chesky, Shear represents D’Angelo and the board, and Bret Taylor plays a neutral role in mediations.

Negotiation Dynamics

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