Community Information
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Indian Investor lobby is responsible for India not having open ai's stake
https://www.youtube.com/watch?v=mARNIUJN27A Buyback, dividend being asked from companies in India on TV. Infosys had given grant for open ai in 2015, Vishal sikka was doing experiments and these people were asking for buy backs. Info would be having as much stake in open ai as much as msft has. But due to investor pressure wanting billing on qoq basis for all workers all the time, Vishal was let go. How does it affect you? People like me and you being minority investors don't really have much of choice and our life would not change with buy backs and dividends. But the life of these big boys change due to risk free and tax free (till 2018) buyback and dividend. These people take money from you buy SELLING YOU GROWTH STORY of India and then Ask Indian companies for Buybacks. Indian growth story was stalled due to Vishal sikka being let go. This is Now minority investors like us get fooled by these pms, mfs, the lobby which gaslight you to belive into what benefit them.4
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