this post was submitted on 11 Jun 2026
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[–] phdepressed@sh.itjust.works 1 points 2 days ago (1 children)

You don't have shareholders until you ipo. Startups have not ipoed.

[–] IcePee@lemmy.beru.co 1 points 14 hours ago (1 children)

But Microsoft does. And those shareholders would want to know why money that could be going to them is frittered away on a startup that is constitutionally set up to leave money on the table.

[–] phdepressed@sh.itjust.works 1 points 11 hours ago

I mean Microsoft invested in OpenAI back when they were still claiming to stay non-profit. There are ways such as just treating them as an exclusive subcontractor in order to keep your main business. Microsoft is not a chip company afterall but needs them to have product at prices people will pay.