OpenAI Hints at IPO – Will They Become a Public Benefit Corporation?
OpenAI, the company behind the popular generative AI product, ChatGPT, has hinted at launching an IPO and becoming a public company. Currently OpenAI has a unique corporate structure as a hybrid non-profit/for-profit entity but may transition to a for-profit public benefit corporation (PBC). Keene Advisors is also a benefit corporation and we’ll explain what this transition might mean for OpenAI.
The Rise of Benefit and Certified B-Corporations
The business world has seen a significant shift towards sustainability and social responsibility, with Benefit Corporations and Certified B-Corporations leading the charge. But what are the differences between Benefit Corporations and Certified B-Corps, and why have they grown in popularity?
The Impact Journal
Special Issue - 100 Leading Impact Investors
Highlighting 100 of the leading impact investors, including leading venture capital firms, private equity firms, and family offices, changing the world by financing the search for solutions to some of the planet's most pressing challenges.
Investment Bank, Keene Advisors, Earns B Corporation™ Certification
Press Release
Keene Advisors, the socially responsible investment bank, is honored to announce that it has become a Certified B Corporation™, joining Patagonia, Ben & Jerry's, and a community of more than 1,800 other companies committed to using business as a force for good.