Maybe the board thought they could get some concessions from Altman/MS by playing hardball, and it just backfired on them. Or maybe they already knew that it was too late, and that by antagonizing MS and imploding OpenAI they might shake "something" unexpected loose to their own benefit.
The fact that Microsoft might not have directly recruited Sam and his team is less significant in light of their promise of substantial growth, which ultimately swayed Sam's decision, whether he consciously realizes this or not. This now leads to him misrepresenting information to the board, leading to his removal. This scenario humorously mirrors a common personal dilemma: choosing between financial gain and leading a meaningful, sustainable life. Sam's choice is hyperbolically likened to 'selling one's soul to the devil', reflecting this paradox.
Based on what?
Studied by who? It is the board of a non-profit company that doesn't have "maximize shareholders profits" as reason to exist. This will be studied as one more capitalist takeover. I hope it somehow goes bad for Microsoft.
But until we have evidence for any of these remote theories, I’d argue they’re all equally uninteresting.
Ex-Nokian here.
It's hard to search foreign press.
https://www.forbes.com/sites/terokuittinen/2013/09/24/nokia-...
"According to changes implemented in 2010, Elop was entitled to immediate share price performance bonus in case of a "change of control" situation"
And then a couple of related articles,
https://www.forbes.com/sites/joanlappin/2013/09/25/anger-at-...
"Nokia chief executive Stephen Elop is catching heat today in Finland after the country’s biggest newspaper, Helsingin Sanomat, reported that Elop was guaranteed a $25 million payment if he was able to sell Nokia’s cellphone business."
https://venturebeat.com/mobile/finns-are-in-an-uproar-over-e...
- Nokia's share price drops steeply as the company drifts close to cash flow crisis under Elop.
- Elop sells the company's handset unit to Microsoft under pressure to raise cash
- The share price rebounds sharply, though remains far below where it was when Elop joined the company.
Sorry but that sounds more like clever negotation from Elops's side and like a naive blindsided board.
They've always been mediocre and probably always will, I can't see any particular purchase, or poach, changing that.
But they do have heaps of money. It's not clear that will be enough.
Worse, they're increasingly user-hostile. Any tech in their hands can't be trusted to respect users.
Google seems ambivalent in this respect, but there is no question where MS's heart lies.