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Fortune
Fortune
Kylie Robison

Box CEO Aaron Levie’s top takeaway from OpenAI meltdown: ‘Don’t have weird corporate structures’

(Credit: Duy Ho for Fortune)

When OpenAI's board ousted CEO Sam Altman over a reported disagreement, claiming he was "not consistently candid," it left many onlookers scratching their head. How could such a thing occur to one of the most buzzy startups in Silicon Valley? The surprise firing highlighted the bizarre corporate structure at the $86 billion startup where the nonprofit controls the for-profit subsidiary. This structure has drawn criticism from plenty of tech characters including Box CEO Aaron Levie. From tweets to the stage, Levie doubled down on his stance regarding OpenAI's unorthodox structure at Fortune's Brainstorm AI conference in San Francisco on Monday.

"If you just look at the ratio of the amount of drama to the amount of takeaways, the ratio is way off," Levie said on stage. "The main takeaway is, don’t have weird corporate structures. It never ends well."

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