OpenAI Startup Fund: GP Hallucination - by Mike
What if you asked ChatGPT to architect various corporate governance “dark arts” objectives? What would it recommend? Hallucinate? Would it be implementable?
Interestingly, there might be directional answers to these questions gleaned from OpenAI Startup Fund and the period Vespers Inc. temporarily managed the fund’s GP and its namesake “founder” - Mr. Vespers - was designated CEO:
A mosaic of disclosures indicate Vespers Inc. might be a front company, created with AI-assistance, that uses pseudonymous and/or fictitious individuals - including Mr. Vespers - to serve as “mannequin” (i.e. placeholder) Directors and Executives.
I believe this deserves A LOT of scrutiny and attention, because it’s evident to me the purpose of Vespers Inc.’s wasn’t to lead OpenAI’s VC fund, and there are disclosure-based signals its short-lived tenure was used to facilitate transactions and/or actions that Sam Altman and others don’t want attributed them.
Premium Subscribers: This write-up is a little redundant since it covers many issues already discussed in premium, but I do add some new thoughts/issues at the end of the write-up.
