Anthropic Asks Shareholders to Grant Its Seven Founders 50.1% Voting Control Ahead of IPO
Summary
Anthropic is asking shareholders to approve a special class of shares that would give CEO Dario Amodei and his six co-founders combined 50.1% voting control over most corporate matters, with a vote expected within days. Each of the seven founders currently owns roughly 2% of the company, which trades at a $1.5T secondary-market valuation. The arrangement holds only as long as at least three founders keep an undisclosed minimum stake; the Long-Term Benefit Trust still appoints most of the seven-seat board, and founders' own seats grow from two to three.
Originally reported by techcrunch.com
Read the original article →Original headline: Anthropic Asks Shareholders to Grant Its Seven Founders 50.1% Voting Control Ahead of IPO