Helen Toner dishes on Altman's fibs


"It was another example that just, like, really damaged our ability to trust him," she said. At that point, board members had already discussed whether Sam needed to be ousted.

Toner said that Altman was always able to downplay "any individual case" and would provide "some kind of, like, innocuous sounding explanation of why it wasn’t a big deal, or misinterpreted or whatever."

Over the course of years, however, "all four of us who hired him came to the conclusion that we just couldn’t believe things that Sam was telling us." 

"And that’s a completely unworkable place to be in as a board, but especially a board that is supposed to be providing independent oversight over the company, not just like, you know, helping the CEO to raise more money."

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