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@ns123abc

🚨 OpenAI's original board REJECTED Altman's Helion deal Then the board got fired. Then the new board signed the deal. Altman personally made $1.4 billion. >2015: Altman invests in Helion (before OpenAI is incorporated) >2021: Helion valuation ~$700M (Series E) >2022: Altman proposes Helion deal to OpenAI board (as Helion chairman) >2022: Board does NOT approve Board member Zilis under oath: >"Super out of left field" >"A major bet on a speculative technology" >"Helion did not even have a working product" The Helion proposal was one of the main incidents that raised concerns about Altman's candor with the board. >Aug 2023: OpenAI President Greg Brockman acquires 5,978 Helion shares >Nov 17, 2023: The board fires Altman as CEO and removes Brockman as board chairman >Nov 21, 2023: Altman returns with new board selected with input from Satya Nadella >2024: New board approves the Helion deal >OpenAI signs Power Development Agreement with Helion >Early 2025: Helion valuation jumps 7.7x to ~$5.4 billion >March 2026: OpenAI signs second Helion agreement >March 23, 2026: Altman steps down as Helion chairman (one month before this trial) Altman’s disclosed Helion stake under penalty of perjury: >22 million Helion shares + warrants >worth ~$1.65 billion as of December 2025 >owns one-third of the company Helion is a nuclear fusion energy startup that has never delivered power to a single customer. Its valuation depends on commitments like OpenAI's. OpenAI’s CEO and President played both sides. OpenAI’s charter prohibits private gain. The law calls that self-dealing.

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  "text": "🚨 OpenAI's original board REJECTED Altman's Helion deal\n\nThen the board got fired.\nThen the new board signed the deal.\n\n Altman personally made $1.4 billion.\n\n>2015: Altman invests in Helion (before OpenAI is incorporated)\n>2021: Helion valuation ~$700M (Series E)\n>2022: Altman proposes Helion deal to OpenAI board (as Helion chairman)\n>2022: Board does NOT approve\n\nBoard member Zilis under oath:\n>\"Super out of left field\"\n>\"A major bet on a speculative technology\"\n>\"Helion did not even have a working product\"\n\nThe Helion proposal was one of the main incidents that raised concerns about Altman's candor with the board.\n\n>Aug 2023: OpenAI President Greg Brockman acquires 5,978 Helion shares\n>Nov 17, 2023: The board fires Altman as CEO and removes Brockman as board chairman\n>Nov 21, 2023: Altman returns with new board selected with input from Satya Nadella \n>2024: New board approves the Helion deal\n>OpenAI signs Power Development Agreement with Helion\n>Early 2025: Helion valuation jumps 7.7x to ~$5.4 billion \n>March 2026: OpenAI signs second Helion agreement\n>March 23, 2026: Altman steps down as Helion chairman (one month before this trial)\n\nAltman’s disclosed Helion stake under penalty of perjury:\n>22 million Helion shares + warrants\n>worth ~$1.65 billion as of December 2025\n>owns one-third of the company\n\nHelion is a nuclear fusion energy startup that has never delivered power to a single customer. Its valuation depends on commitments like OpenAI's.\n\nOpenAI’s CEO and President played both sides. \n\nOpenAI’s charter prohibits private gain.\n\nThe law calls that self-dealing.",
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