this post was submitted on 22 Nov 2023
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The "Private investor" in this case is Microsoft, which "graciously" offered to bring all the staff into their own new AI project. This is 100% an investor (a.k.a microsoft) win.
It's hard to tell from the outside - but at the beginning it mainly looked like pressure from the investors. I wouldn't be surprised if there'd been a lot of activity from them behind the scenes, and the "90% leaving" part wasn't really "standing up for Altman", but more "follow the money", with investors possibly pressuring employees in various ways.