Elon Emails

Musk: use a standard C corp with parallel nonprofit

From:
Elon Musk
Date:
November 20, 2015 (Sent 12:29 PM)
To:
Sam Altman
Subject:
Re: AI docs
I think this should be independent from (but supported by) YC, not what sounds like a subsidiary. Also, the structure doesn't seem optimal. In particular, the YC stock along with a salary from the nonprofit muddies the alignment of incentives. Probably better to have a standard C corp with a parallel nonprofit.

About this email

Musk says the lab should be independent from YC rather than a subsidiary, and that YC stock plus a nonprofit salary muddies incentives; he suggests a standard C corp with a parallel nonprofit.

Notes

Published by OpenAI in its December 2024 blog post.

Where it came from

Published by recipient; attribution confirmed.

OpenAI, executive & internal. Tags: structure, c-corp, nonprofit, y-combinator, incentives

Earlier emailSearch all emailsLater email