Birdwatch Note Rating
2024-09-27 14:25:43 UTC - HELPFUL
Rated by Participant: FB1304C8328F2F185AA4A5C2B3D9F495F85B9CE7F2F92A389EA8BE954D39CD39
Participant Details
Original Note:
Elon is technically correct. You can't convert a non-profit into a for-profit. Even the sources listed in the CN shown state that the assets must be sold and then reincorporated. That's not a conversion. OpenAI would need to be sold to open a new for-profit venture. https://www.aprio.com/can-nonprofit-convert-profit/
All Note Details