politics
Fairly stupid choice by Musk’s lawyers to go after Microsoft’s major decision rights.
Live updates from Elon Musk and Sam Altman’s court battle over the future of OpenAI
TL;DR
- Microsoft had an approval right on some transactions.
- Microsoft did not have the majority of the board.
- Microsoft contributed more than 90 percent of OpenAI’s initial investments.
- All LPs had major decision rights.
- This level of control was less than what Musk wanted for his investment.