Anthropic’s founders seek voting control ahead of IPO

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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.