That will be especially untrue after IPO when shareholders can claim there are fiduciary responsibilities that conflict with the non profit goals.
The for-profit has fiduciary responsibility to the non-profit as well as other shareholders. The IPO doesn't really change that.
[0] https://openai.com/index/built-to-benefit-everyone/
That will be especially untrue after IPO when shareholders can claim there are fiduciary responsibilities that conflict with the non profit goals.