“Former Shark Tank India Judge Ashneer Grover Voices Support for Sam Altman After OpenAI Oust”
Former Shark Tank India judge and investor, Ashneer Grover, has publicly expressed his support for Sam Altman, the removed CEO of OpenAI, drawing parallels between their situations. In a post, Ashneer sarcastically mentioned his prior company Bharat Pe when he was ousted by the board members. He criticized his former board members for making false claims about his expenditures and ultimately removing him from the unicorn company. To show solidarity with Altman, he compared his own experience with that of Sam.
In a subsequent post, Grover mentioned 5 CEOs, including himself, who have faced ousting in their careers, expressing frustration and criticizing the board as “puppets” of investors. He voiced a desire to see older board members collaborate as founders to create something meaningful in the future.
“Allegations Against Ashneer Grover”
According to sources, Ashneer Grover, his wife, and other family members made unexplained payments to HR firms during a probe into potential fraud at BharatPe. If proven true, Grover might face up to 10 years in prison.
“Sam Altman’s Unexpected Oust”
Sam Altman’s removal as the head of OpenAI was attributed to a lack of consistent communication with the board, leading to the surprising firing of OpenAI’s Chairman, Greg Brockman. While Altman expressed gratitude for his time at OpenAI, the decision left both him and Brockman in shock.
According to Altman’s posts, there may be hidden factors behind the board’s decision, considering the abrupt departures of top researchers after his removal. Altman’s posts also suggest that the board might take legal action if he expresses his displeasure publicly.
“Hot Take: The Reality Behind Oustings in the Business World”
The removal of both Ashneer Grover and Sam Altman from their respective positions sheds light on the complex and often hidden factors behind corporate oustings. It underscores the importance of effective communication between company leaders and board members and the need for transparency in business decisions. While the public may only see part of the story, the aftermath of these oustings highlights the impact of such power struggles on the individuals involved and the organizations they lead.