restructuring: everyone on the record — The Minutes https://minutesof.com/on/restructuring/ Everyone on the record about restructuring: 4 verbatim quotes from 2 people, September 2025 to October 2025, in one chronology, each with a timestamp and… en Sun, 30 Aug 2026 22:33:12 +0000 Paul Atkins: Atkins forecasts the CAT restructuring transition will not be complete until late 2027. https://minutesof.com/q/b86ce028-68f6-4715-a8f6-c5242fbc4ff8/ https://minutesof.com/q/b86ce028-68f6-4715-a8f6-c5242fbc4ff8/ “Because many of these actions would need to occur in tandem, the transition would likely not be complete until late 2027.” — Paul Atkins, SEC speeches and statements restructuring Paul Atkins: Atkins says the Commission must move quickly to restructure the CAT to address cost, governance, https://minutesof.com/q/a9bff0ea-99f6-43b0-94cb-1c2b1a278dbc/ https://minutesof.com/q/a9bff0ea-99f6-43b0-94cb-1c2b1a278dbc/ “I believe that it is critical for the Commission to move quickly and lay the groundwork necessary to restructure the CAT to address persistent cost, governance, and funding issues.” — Paul Atkins, SEC speeches and statements restructuring Brad Gerstner: Gerstner notes OpenAI's nonprofit is capitalized with $130 billion in stock, making it one of t https://minutesof.com/q/eaa234e8-aefe-4242-9a78-7876610cda5a/ https://minutesof.com/q/eaa234e8-aefe-4242-9a78-7876610cda5a/ “The nonprofit is already capitalized with a $130,000,000,000, a $130,000,000,000 of OpenAI stock. It's one of the largest in the world out of the gates. It could end up being much, much larger.” — Brad Gerstner, BG2 Pod Fri, 31 Oct 2025 23:11:44 +0000 restructuring Brad Gerstner: Gerstner states Meta cut from 87,000 to 62,000 employees and reorganized around AI in February https://minutesof.com/q/5e9554e4-6f5a-43e6-bd46-d8bb03618654/ https://minutesof.com/q/5e9554e4-6f5a-43e6-bd46-d8bb03618654/ “They went from 87,000 employees to 62,000 employees in October of 'twenty two. They reorganized the company around AI starting in February of 'twenty three.” — Brad Gerstner, Khosla Ventures Wed, 10 Sep 2025 22:51:48 +0000 restructuring