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Lex Fridman Podcast

#413 – Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech

5374.743 - 5397.136 Bill Ackman

But the nonprofit entity, as I understand it, owns a big chunk of open AI and the investors own sort of a capped interest where their upside is capped and they don't have representation on the board. And I think that was a setup for a problem, and that's clearly what happened here.

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