‘Boards Are Puppets of Investors’: Ashneer Grover REACTS on Sam Altman’s Sacking from OpenAI – News18

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‘Boards Are Puppets of Investors’: Ashneer Grover REACTS on Sam Altman’s Sacking from OpenAI – News18


Reacting to Sam Altman‘s ousting from ChatGPT maker OpenAI, Ashneer Grover has termed company boards as “puppets of investors”. He said he would love to see some day 60-year-old board members come together as founders to build anything meaningful.

OpenAI’s board on Friday sacked Sam Altman as the corporate’s CEO and director saying that “the board no longer has confidence in his ability”.

Ashneer Grover, who can also be embroiled in a case by an organization he co-based BharatPe, in a publish on X stated, “Board mein khud ability hoti nahi kuchh banane ki — puppets of investors. Would love to see some day 60 year old Board members come together as Founders to build anything meaningful.”

Grover additionally reacted to a publish by Sam Altman on X. After his ousting, Altman posted, “If I start going off, the OpenAI board should go after me for the full value of my shares.”

Responding to this, Ashneer Grover in a remark stated, “Dude – fight on. The Board has tried to go after my shares – got nothing – so they are now going after me and my family through criminal cases. It’s a long fight! With you!!”

This reply by Ashneer Grover on Sam Altman’s publish now stands deleted.

In one other publish on X after his sacking, Sam Altman stated, “I love you all. Today was a weird experience in many ways. but one unexpected one is that it has been sorta like reading your own eulogy while you’re still alive. The outpouring of love is awesome. One takeaway: Go tell your friends how great you think they are.”

Meanwhile, after controversy at BharatPe final yr, Grover took a voluntary depart and later resigned as BharatPe’s MD in 2022, whereas his spouse, former head of controls Madhuri Jain, was fired over allegations of misappropriation of funds.

BharatPe had filed a legal grievance with the Economic Offences Wing on 17 counts, together with embezzlement, forgery, and legal breach of belief, which may land the Ashneer Grovers in jail for as much as ten years if confirmed responsible.

The firm additionally filed a civil swimsuit towards Ashneer Grover, his spouse Madhuri Jain, and different members of the family, searching for over Rs 88 crore in damages for alleged misappropriation of funds.

Ashneer Grover and his spouse Madhuri Jain Grover had been on Thursday night stopped on the Indira Gandhi International (IGI) Airport by the Economic Offences Wing (EOW) of Delhi Police whereas they had been travelling to New York for a trip.

The growth got here after allegations that Grover’s household siphoned off funds from BharatPe on the pretext of providing recruitment companies, gave financial institution accounts numbers that had been created after the dates after they had been raised, as per the EOW’s preliminary report of an investigation.





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