knights, joust, horse
Business strategy

Helen Toner’s resignation from the OpenAI board is a warning to startup directors about the dangers of capital colliding with good intentions

- December 7, 2023 3 MIN READ

Australian tech has lost its director on the board of OpenAI after Helen Toner resigned from her position at the Artificial Intelligence juggernaut. While she cited fulfilling her role requirements as the reason for her departure, specific details or reasons for her resignation were not disclosed, leaving the decision somewhat unclear. The whole episode has… Read more »

Sam Altman
People

What the firing of Sam Altman from OpenAI means for the future of artificial intelligence

- November 21, 2023 4 MIN READ

On Friday, OpenAI’s high-flying chief executive Sam Altman was unexpectedly fired by the company’s board. Co-founder and chief technology officer Greg Brockman was also removed as the board president, after which he promptly resigned. In an unexpected twist, talks began today about potentially reinstating Altman in some capacity following an outpouring of industry and investor… Read more »

Fintech

The former boss of millennial super fund Spaceship handed 6-year ban

- January 21, 2022 2 MIN READ

The former CEO of fintech startup Spaceship has been banned from acting in the financial services sector for six years by the corporate regulator, ASIC. Paul Kevin Bennetts, of Elanora Heights on Sydney’s Northern Beaches, was found to have dishonestly obtained his Australian Institute of Company Directors (AICD) qualification following an investigation by the company… Read more »

Advice

How to get your startup ready for its first board meeting

- November 9, 2021 3 MIN READ

During one of my recent office hours, I was asked by a founder about how to best prepare for their first formal board meeting. While the two founders had previously held informal board meetings and separate sessions with an advisory board, this would their first meeting with external board members. The fast-growing startup had recently… Read more »