RE: LeoThread 2026-03-11 16-07
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Sam and Greg should have returned Elon's money and gone for-profit once nonprofit became a dead end
"Listen Elon, the founders will go their own way. They won't let you control it. They'll run it independently. Here's your money back"
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Setting aside political views, that would have been both the morally right move and the smart business decision
OpenAI then could have raised capital freely with far fewer obstacles, and the odds of a later conversion to for-profit would have been much higher
Continuing to accept his funding while concealing an intention to sideline him was a fatal strategic error
Business dealings can be nasty and brutal, but this mistake hands Elon a huge advantage in the lawsuit. If he wins, OpenAI's path to for-profit would be blocked, capping investor upside
That would make investors unlikely to fund OpenAI when hyperscalers can offer far higher returns, and for a capital-intensive field like AI, that effectively cuts off OpenAI's lifeline—funding to buy compute