Reid Hoffman steps down from OpenAI board to avoid potential conflicts of interest
KEY POINTS LinkedIn founder and Greylock partner Reid Hoffman is leaving the nonprofit board of OpenAI, he announced in a post on Friday. Hoffman cited a desire to invest in companies using OpenAI’s software, which would cause a conflict of interest, he said in the post. Reid Hoffman, co-founder of LinkedIn Corp., leaves the stage after speaking during the Bridge Forum in San Francisco, California. David Paul Morris | Bloomberg | Getty Images LinkedIn founder and Greylock partner Reid Hoffman is leaving the nonprofit board of OpenAI, he announced in a post on Friday . Hoffman cited a desire to invest in companies using OpenAI’s software, which could cause a conflict of interest, he said in the post. “I started to wonder: Will my position as a 501c3 board member of OpenAI potentially look like it’s leading to differential economic advancement? To be clear, since the start, OpenAI and its board has been very careful to monitor and avoid any conflicts to date,” Hoffman wrote . “But by