OpenAI co-founder Greg Brockman is leaving, too
OpenAI co-founder Greg Brockman is leaving, too

OpenAI co-founder Greg Brockman is leaving, too

OpenAI co-founder Greg Brockman is leaving, too::OpenAI co-founder Greg Brockman announced that he’s quitting just hours after CEO Sam Altman was fired. OpenAI chief technology officer Mira Murati is taking over as interim CEO.
Seen this story time and time again. "Founder of company kicked out of own business they created". Why does this happen so often?
When you go public its not really your company anymore, its shareholders company.
OpenAI is not publicly traded company, but they have of course sold shares to other parties.
That doesn't really answer my question though. Why would anyone kick out the people responsible for creating the business in the first place? The people who imagined and thrust the business into life and massive success? Seems like they would be valuable people to shareholders...
Generally the type of people who make good founders have to be dreamers to believe that their crazy idea not only can work but can change the world.
These people do not make good leaders as the company matures, as it now needs certainty for investors and detailed plans and structure instead of moonshot fantasies.
The same traits that make them good founders also make it difficult for them to let go of their position, or recognize that they should transition control to a better suited candidate, so often they must be removed by the board.
Source: Software Engineer in a tech startup
So after the company becomes successful, they need to stop coming up with new ideas? A tech company? Like, I get it but I don't get it. Why do investors want that? Why would anyone want that? You can filter their creative input without indulging their every whim.
It's like the bands that create amazing and unique music and become super popular based on said music, then their next album sounds like every other "pop" band in existence. Like what are people even buying at that point?
Basically why Larry Page and Sergey Brin had Eric Schmidt become their CEO. He could do all the business stuff while they focused on doing whatever moonshots they wanted
Once you structure your business so that you have a board of directors, who is the boss is not your decision anymore, as they "work" for the shareholders. In OpenAI's case, the CEO lied to the board so they fired him, and Greg left on his own.
That's why one of the first things Musk did as the majority shareholder was to dissolve the board of directors of Twitter.
I didn't ask "how", I asked "why?" does it happen so often. I understand how BOD works.
In another example, the Zuck maneuvered so that he always kept a majority holding of Facebook which means nobody can kick him out.
OpenAI isn't public. They aren't answering to shareholders.