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az226yesterday at 10:28 PM1 replyview on HN

It’s quite an odd ruling given that OpenAI completed its for profit “conversion” last fall.

It seems the biggest value loss to the nonprofit was in this conversion, not in the initial for profit subsidiary creation giving investors capped profit shares.


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metalliqazyesterday at 10:47 PM

But this "conversion" was apparently not the focus of the suit, according to OP. Perhaps it occurred after they initiated legal proceedings?

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