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Anthropic’s founders seek voting control ahead of IPO

· TechCrunch AI ·
The proposed share structure would give seven Anthropic co-founders 50.1% voting power without adding economic value.

The plan, attributed to The Information, would apply to most corporate matters if at least three founders keep a minimum stake. TechCrunch notes the co-founders reportedly own about 2% each and have pledged to give away 80% of their wealth. Anthropic’s Long-Term Benefit Trust would still choose most of the board, while founder board seats would rise from two to three. Employees would also receive stock meant to break ties on some issues. TechCrunch AI's note

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Categories: Money & Moves