Anthropic’s founders seek voting control ahead of IPO

Anthropic’s founders want to stay in charge after the company goes public. According to The Information, the company is asking shareholders to approve a structure “in the coming days” that would give CEO Dario Amodei and his six co-founders special shares carrying a combined 50.1% of the vote on most corporate matters, as long as at least three of them keep a minimum stake. This isn’t a new idea; super-voting shares are how Mark Zuckerberg kept control of Meta, and how Evan Spiegel maintained his hold of Snap. The list is long. What’s unusual is the group approach.

First reported by TechCrunch. This page is a short excerpt; the full text is theirs.