Skip to content
KSEV 700 AM KSEV 700 AMThe Voice of Texas

FROM SRN NEWS

Anthropic seeks Palantir-style voting control for seven co-founders ahead of IPO, The Information reports

SHARE X Facebook

Sept 24 (Reuters) – Anthropic is asking shareholders to approve a new corporate structure that would award CEO Dario Amodei and his six cofounders a special class of shares giving them collective voting control in most corporate matters, The Information reported on Thursday.

The new arrangement, which emulates a founder-control structure at Palantir, would grant the co-founders a combined 50.1% of voting power, as long as three of the seven co-founders retain a minimum number of shares in the company, as per the report. 

(Reporting by Harshita Mary Varghese in Bengaluru; Editing by Jonathan Ananda)

Brought to you by www.srnnews.com

SRN News — View the original story at SRNNews.com.

LIVE Eat Drink & Smoke Tap play to listen
0:00 0:00
Show