Discussion

• @dmtcapital @dmtcapital on x

  OpenAI CFO excluded from crucial meetings whilst planning to go public + spending a gajillion dollars on GPUs... [image]

• @ryenotberben Scott Jones on x

  Could this be any more of a shitshow? (At this valuation).

• @granthesser Grant Hesser on x

  Well at least we know what the first whitewash request will be for the TBPN guys.

• @compound248 @compound248 on x

  🚨 Has Sam Altman been icing OpenAI's CFO since she flubbed this question in November? [image]

• @buccocapital @buccocapital on x

  Susan Li gave everyone free cash flow hats at Meta and then Zuckerbot immediately guided to $135B in capex in 2026

• @bilalfarooqui Bilal Farooqui on x

  I'd probably ice my CFO too if they said the federal government should backstop our private company's $200b burn

• @highyieldharry @highyieldharry on x

  What's the deal with every single thing OpenAI does leaking to The Information

• @jose_cong José Benitez Cong on x

  The limited series is going to be 🔥

• @jfischoff Jonathan Fischoff on x

  odd. cfos are typical known for taking big risks

• @dalibali2 @dalibali2 on x

  End of the day a CFOs job is just to say “Yes I can” to the CEO. Anything less = the boot.

• @ns123abc Nik on x

  🚨OpenAI CFO Says Company Not Ready For IPO 2026, Altman Stopped Inviting Her To Financial Meetings with Investors >be sam altman >commit to $600 billion in cloud spending over 5 years >will burn $200B+ before generating cash revenue >but revenue growth already slowing >cfo [image…

• @edzitron Ed Zitron on x

  Me looking at OpenAI's rushed S-1 [image]

• @niubi Bill Bishop on x

  hope the tbpn guys got liquid immediately

• @eltimidotorero Grant on x

  @anissagardizy8 ... She totally destroyed NextDoor as a company - I'm not sure why she was allowed to become CFO in the first place.

• @ivan_bezdomny Nikolai Yakovenko on x

  OpenAI's CFO sounds like my interactions with Claude Code — starts voicing concerns rather than do the job she's hired to do.

• @macdonaldncode Nick CleanCode on x

  Public cheerleading, private panic. Canadian execs play the same game while our plants close. My kid's future looks bleak. 😏

• @paulyacoubian Paul Yacoubian on x

  @anissagardizy8 ... Sarah is the best in the business. She was the goldman analyst that covered the biggest saas IPO's. She knows what it's going to take to get this thing public.

• @chr1sa Chris Anderson on x

  @anissagardizy8 ... Given the pipeline of massive IPOs coming, there just may not be enough capital for all of them. It might be first come, first served, in which case an imperfect IPO soon beats a perfect one later

• @sharongoldman Sharon Goldman on x

  Good question: “She said she wasn't sure yet whether OpenAI would need to pour so much money into obtaining AI servers in the coming years or whether its revenue growth, which has been slowing, would support the commitments, said the person who spoke to her.”

• @anissagardizy8 Anissa Gardizy on x

  NEW: There's a growing tension between San Altman and his CFO, Sarah Friar. Privately, Friar has started speaking about her concerns about the firm's massive spending on compute and Altman's hopes to IPO this year. More details from me and @amir in @theinformation [image]

• @onagel33303 Ori Nagel on x

  Looks like this season features a Succession + Westworld mashup

• @aakashgupta Aakash Gupta on x

  The CFO who just raised $120 billion for OpenAI now reports to the head of applications instead of the CEO. Read that again. Sarah Friar closed the largest private funding round in history. She went on Mad Money two weeks ago and told Jim Cramer the round was “north of $120

• @greenmonsterah Art Vandelay on x

  Its so beautiful I don't trust #SamAltman at all

• @cobracommanduhr @cobracommanduhr on x

  @anissagardizy8 ... CFO w/ no previous AI experience

• @benitoz Ben Pouladian on x

  @anissagardizy8 ... Sam playing to win

• @xw33bttv Lex on x

  If they don't IPO this year they die lol.

• @tcnoca @tcnoca on x

  the secret is he's not going to IPO he can't and he knows it, their financials are cooked but he can pretend he's going to just to drive investor FOMO it's pathetic

• @firstadopter Tae Kim on x

  Meanwhile, on LinkedIn “without enough compute, you're simply not in the race” [image]

• @negligible_cap @negligible_cap on x

  The Information reporting that Scam is excluding Sarah Friar, OpenAI CFO, from conversations that would typically be pretty important for your Chief Financial Officer to be involved in, such as financial forecasting and IPO plans Bullish

• @aiddya @aiddya on bluesky

  It's the standard story, woman with experience tries to avert a disaster but inexperienced man, overrules her and excludes her from meetings.  [embedded post]

• @joe.hardy.id.au Joe Hardy on bluesky

  I mean if my CFO's previous IPO (as CEO!) looked like this I'd probably be looking for ways to limit the damage too [embedded post]

• @rivertam @rivertam on bluesky

  What timing [embedded post]

• @dmnd.me Jeremy Diamond on bluesky

  Oh my fucking god this is classic Sam, managing by icing people out [embedded post]

• @jacobsilverman.com Jacob Silverman on bluesky

  “They'd met nine years prior, late at night in Peter Thiel's hot tub.”  —  www.newyorker.com/magazine/202...

• @harmancipants Reyhan Harmanci on bluesky

  “He has two traits that are almost never seen in the same person.  The first is a strong desire to please people, to be liked in any given interaction.  The second is almost a sociopathic lack of concern for the consequences that may come from deceiving someone.” www.newyorker.co…

• @thefarce.org @thefarce.org on bluesky

  They're torn.  Most think he's a terrible sociopath.  The rest thing he's a wonderful sociopath.  [embedded post]

• @paularmstrongtbd Paul Armstrong on bluesky

  What helpful research.  [embedded post]

• @yoda Drew Olanoff on x

  Totally a normal thing to happen leading up to a totally legitimate and healthy IPO 🙄

• @barretblake.dev Barret Blake on bluesky

  I can tell you from experience, this is bad.  It always means the CEO is hiding something.  [embedded post]

• @edzitron.com Ed Zitron on bluesky

  News: OpenAI CFO Sarah Friar doesn't think OpenAI is ready to go public, nor that its revenue growth will support commitments.  OpenAI's already-unprofitable margins have also got worse thanks to having to buy last-minute compute due to unanticipated demand.  —  www.wheresyoured.…

• @pkafka Peter Kafka on x

  Meanwhile OpenAI PR responds to a piece from the Information reporting that Altman and CFO Sarah Friar are feuding, and has a separate response to the New Yorker. (Busy day!) [image]

• @katiemiller Katie Miller on x

  Why did it take them 24 hours to issue this word salad?

• @jessicalessin Jessica Lessin on x

  Quite the joint statement from Altman and Friar to @theinformation: “We are fully aligned that durable access to compute is at the core of OpenAI's strategy and a key differentiator as we scale. We have both been directly involved in every consequential compute decision over the