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.
Will Unilever and Ben and Jerry’s Split Impact Other B-Corporations?
Focusing only on the culture clash between Unilever and Ben & Jerry's misses the financial story behind their split. This analysis looks at the history of the ice cream division and what might be next for Ben & Jerry's.
Overview of Vital Farms’ Initial Public Offering
Overview of Vital Farms’ IPO: how a B Corp offering pasture raised products went from startup to the public markets. A look at private equity deal making amid COVID-19.
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.