I actually thought about their acquisition of GitHub and I realized something. There is a big difference here. GitHub was a great purchase but it was hardly unique. It was just the best of among it's peers. ChatGPT on the other hand is something entirely different. This is game changing and not iPhone game changing but "horse to buggy" level game changing. This is the Manhattan Project of the 2000s.

I tried putting myself in their shoes. If I owned GitHub and I heard MS wanted to buy me out, I'd probably be ecstatic and present as few obstacles as possible. However, if I were sitting on something as monumental as ChatGPT, I'd probably put guard-rails in place to prevent a buyout or at the very least severely obstruct it so I could maintain control over it. Those guard-rails should give me some leverage that I could use to maneuver into something more favorable to me like a partnership. I would want a partnership to be a more attractive proposition than trying to bulldoze the guard-rails.

Anyways, this is just wild speculation on my part.