So here we are. At a time when every 2nd software startup’s core value is owed to and owned by OpenAI.

Sam isn’t going back and 70% of the employees at OpenAI including the dude who orchestrated the whole thing is planning to quit. The CEO of MS has basically given them all an open invitation to come right on over. The coffee’s fresh and there’s apple pie in the oven.

We always talked about how odd it was for YC was to consider, interview, and even invite these wrapper startups to their accelerator. Despite this, we knew that it was likely a safe enough bet to march on. Somehow, someway, this got all fucked up. Founders of these companies should be experiencing an existential crisis right abouuuuuut . . . now.

Something tells me that demo day is going to be a little less exciting when the core of pretty much every product is known to be backed by pissed off investors, incompetent board members, and employees who are all hours or days away from quitting (if they haven’t already).

I’ve never seen such an up and coming company torn to shreds over the course of a weekend. It’d be impressive it wasn’t so idiotic.

For those who wish to see the silver lining, realize this. For something like this to happen is further proof that none of us have any clue what we’re doing. That includes leadership of one of the most important companies to have ever existed. If there was ever a time for you to doubt yourself a little less, it’s today. You’ll never manage yourself as poorly as the Board of OpenAI.

Thanks and have a great evening!