Anthropic's seven founders tighten their grip ahead of its stock market listing
Anthropic published the prospectus for its initial public offering on Monday, revealing that its seven co-founders —Dario and Daniela Amodei, Tom Brown, Jack Clark, Jared Kaplan, Sam McCandlish and Christopher Olah— will receive a special class of shares carrying 50.1% of voting power. Ordinary shareholders will therefore have little control over the company's decisions. Their stakes were valued at up to $15.5 billion each in the May funding round, and the seven have pledged to donate 80% of their wealth to charitable causes.
In 40 seconds
- The seven co-founders will hold 50.1% of voting power through a special class of shares, according to the S-1 filing.
- An entity called Founder LLC will pool the votes to appoint three board members; each co-founder will have an equal vote.
- Their stakes were valued at up to $15.5 billion each in the May funding round.
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IASummary generated by artificial intelligence from a story by Expansión. It may contain errors: the original source prevails.
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