Anthropic revised IPO prospectus reveals cofounders control 50.1% voting power

Anthropic's revised prospectus reveals that its seven co-founders will control 50.1% of voting power through a special Class F share held by Founder LLC, while a separate Long-Term Benefit Trust holds a Class T share with the power to elect and remove a majority of the board. Public investors buying Class A shares will hold economic interests and one vote per share, but collectively they will command only 49.9% of general voting power and will not have majority control over corporate decisions. Open article →