Anthropic's seven co-founders own ~14% of the company but want 50.1% of the shareholder vote through special shares.
A "Long-Term Benefit Trust" with zero equity can elect a majority of the board.
Google, Meta, and Snap founders had dual-class control too, but they owned 28-36% at IPO. This is a different animal.
h/t Matthew Sigel

A "Long-Term Benefit Trust" with zero equity can elect a majority of the board.
Google, Meta, and Snap founders had dual-class control too, but they owned 28-36% at IPO. This is a different animal.
h/t Matthew Sigel

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