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Why OpenAI is trying to untangle its 'bespoke' corporate structure

Engadget

On the Friday after Christmas, OpenAI published a blog post titled "Why OpenAI's structure must evolve to advance our mission." As a result, B Lab eventually felt the certification program "was not enough," says Professor Michael Dorff , executive director of the Lowell Milken Institute for Business Law and Policy at UCLA.

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Dear Sophie: How can I launch a startup while on OPT?

TechCrunch

and find investors here, then talk to a corporate attorney to determine how to structure the company. investors want to deal with Delaware C corporations. Even though you incorporate in the state of Delaware, your startup can be based in Silicon Valley or anywhere in the U.S. In general, U.S.

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Funding Faith: Raising Money For Religion-Based Organizations

Bloomerang

Katzen, President and CEO of the Jewish Federation of Delaware. Also, Doucet Campbell said that, depending on the structure of the organization, there’s sometimes a misguided belief that a built-in pipeline of giving is automatic. . That motivation is often centered in a desire to improve communities, said Seth J.

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Elon Musk’s Twitter (now X): Everything you need to know, from layoffs to verification

TechCrunch

The app’s enforcement policy says that tweets with such labels will not show up in search results, recommendations or timelines — those tweets will be hidden in both the “For You” and “Following timelines. It’s not clear if the company is applying the same policy to personal accounts. has been merged into X Corp.

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Muslims come into the frame in Southeast Asia’s fintech boom

TechCrunch

Headquartered in Delaware, Blossom Finance hosts investors from primarily the United States and Europe, but all of the microbusinesses it serves are in Indonesia. Islamic fintech startups in Malaysia and Indonesia have the support of government policies. After initially soft-launching in the U.S.,

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Dear Sophie: Can an H-1B co-founder own a Delaware C Corp?

TechCrunch

If this individual must own the majority, some structural work can be done with a corporate attorney to set things up to qualify for an H-1B, but it’s more complicated. It’s important to be aware of the proposed equity split between the founders. Simplest is if the founder on H-1B will own less than 50% of the company.

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Ex-OpenAI workers ask state AGs to block for-profit conversion

Fast Company Tech

Former employees of OpenAI are asking the top law enforcement officers in California and Delaware to stop the company from shifting control of its artificial intelligence technology from a nonprofit charity to a for-profit business. OpenAI is incorporated in Delaware and operates out of San Francisco.

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