Denny on Nostr: "If you are the board of directors of a nonprofit organization and a consortium led ...
"If you are the board of directors of a nonprofit organization and a consortium led by #ElonMusk comes to you with a $97.4 billion hostile takeover offer, are you obligated to get the highest possible price, or are you allowed to consider other factors in deciding whether or not to accept his offer? Man: I do not know! It seems very unlikely that any nonprofit board has ever faced this problem before, and when I put it like that, it sounds completely incoherent. Nonprofits do not get hostile takeover offers, nonprofits do not get acquired by investor consortiums for $97 billion, and surely nonprofit boards do not have an obligation to maximize their valuation?"
#OpenAI
https://torment-nexus.mathewingram.com/does-elon-musk-want-to-buy-openai-yes-and-no/Published at
2025-02-15 16:23:58Event JSON
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